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Lockheed Martin Secures $879M F-35 Contract in Fort Worth

Lockheed Martin has secured a substantial $879 million contract from the Naval Air Systems Command for the production of armament equipment for the F-35 Lightning II fighter jets. This contract highlights Fort Worth’s pivotal role in defense manufacturing, as the work will be conducted at the Naval Air Station Joint Reserve Base Fort Worth, where the F-35 aircraft are assembled.

Contract Details and Impact

The contract, awarded in May, involves the production and delivery of missile launchers, bomb racks, gun systems, pylons, and adapters to support aircraft readiness and delivery schedules. The agreement is set to run through February 2030, with funding contributions from the U.S. Navy, Air Force, foreign allies, and non-defense customers. Approximately $157.3 million of the funding is scheduled to expire by the end of the 2026 fiscal year.

This new contract replaces a previous agreement, ensuring the continued production of the next-generation fighter aircraft, which remains a cornerstone of U.S. and allied military operations. The F-35 program’s significance is further underscored by the involvement of foreign military customers and other program participants.

Expansion Efforts and Job Creation

In addition to the F-35 contract, Lockheed Martin is expanding its munitions production capacity. The company recently broke ground on a new production center in Troy, Alabama, as part of a broader initiative to enhance missile manufacturing. This expansion is expected to create approximately 4,000 jobs over the next three years, with a planned investment of over $9 billion by the end of the decade.

Lockheed Martin’s Chairman, President, and CEO, Jim Taiclet, emphasized the company’s commitment to meeting growing defense demands, stating that the expansion directly strengthens deterrence and ensures that service members and allies have the necessary capabilities.

Additional Contracts and Future Prospects

In May, Lockheed Martin also received several other defense awards, including a $14.3 million contract modification for engineering services related to the Multiple Launch Rocket System and a $100.4 million contract for brake assembly heat sinks for F-35 aircraft. These contracts further solidify Fort Worth’s status as a major center for aerospace and defense manufacturing.

Lockheed Martin’s ongoing efforts to increase production capacity and its strategic partnerships with suppliers are critical to meeting the demands of modern military operations. The company’s initiatives are expected to have a lasting impact on the local economy and the broader defense industry.


Original reporting: The Dallas Express — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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