Pentagon to purchase $47 billion F-35
By the Motley Fool
July 12, 2015
For all its troubles, Lockheed Martin’s (NYSE:LMT) F-35 joint stealth fighter remains a very popular warplane — both here and abroad.
Over the next 60 years, Lockheed Martin aims to sell as many as 5,100 F-35s to customers around the globe. And as we just learned from DoDBuzz, one single Pentagon contract could bring Lockheed 10{33979494efa9b9c28f844b5c37a1ddedf4bb90a2eb3dac7a83ede58b7eac2e67} of the way toward scoring that goal.
What’s the buzz? In the course of last month’s Paris Airshow, reports DoDBuzz, Lockheed revealed that it’s currently negotiation with the U.S. Pentagon to win an order for 500 F-35 stealth fighter jets. This “block buy” of fighter jets would cover more planes than the Pentagon needs right now. In fact, it would stretch across three years’ worth of orders, from 2018 through 2021.