F-35 spare parts - Pentagon awards LM $2.4 billion contract

spazsinbad · by **spazsinbad** » 24 Aug 2019, 03:26

Pentagon awards Lockheed $2.4 billion contract for F-35 spare parts
24 Aug 2019 David Alexander

"WASHINGTON (Reuters) - Lockheed Martin (LMT.N) has been awarded a $2.4 billion contract for spare parts for F-35 joint strike fighters purchased by the Air Force, Navy and Marine Corps as well as foreign militaries, the Pentagon said on Friday." [that's it]

Source: https://www.reuters.com/article/us-lock ... SKCN1VD2GI

SpudmanWP · by **SpudmanWP** » 24 Aug 2019, 05:32

This is one of the side-effects of a tri-service fighter, all the buys go through a single point of purchase. If this had been 3 separate contracts, not much attention would have been paid. Another thing of note is that no mention of this being "just" an annual buy as it obviously covers multiple years.