DOD finalizes $34B 'handshake agreement' on F-35 Lot 12, with options for 13, 14

By Tony Bertuca  
June 10, 2019 at 3:06 PM
The Pentagon has made a $34 billion "handshake agreement" with Lockheed Martin for Lot 12 of the F-35 Joint Strike Fighter, with options for Lots 13 and 14, according to a statement from Defense Department acquisition chief Ellen Lord. "The U.S. Department of Defense and Lockheed Martin have made great progress and now have a handshake agreement on the Lot 12 production contract, with options for Lots 13 and 14," she said. "This is a historic milestone for the F-35...

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