JPO, Lockheed Martin Reach Agreement on F-35 LRIP 8

By Lara Seligman / October 27, 2014 at 9:42 PM
Lockheed Martin and the F-35 Joint Program Office have reached an agreement on the next lot of F-35 aircraft, the JPO announced on Monday, noting that the average unit price for all three variants of the airframe would be approximately 3.6 percent lower than the previous contract. Officials anticipate the low-rate initial production Lot 8 contract will be finalized in the next few weeks, according to the JPO statement. The contract is for fiscal year 2014, with deliveries starting in...

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