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...
