Lockheed Martin Secures $871M F-35 Contract Modification

Key Facts

1Lockheed Martin was awarded an $871 million contract modification from the U.S. Department of Defense for the F-35 aircraft program.

Amid sustained strategic defense spending, Lockheed Martin has reinforced its position as a primary partner for the U.S. Department of Defense. The company was awarded an $871 million contract modification specifically for the F-35 Lightning II aircraft program. This modification is part of the ongoing procurement and support efforts for the fighter jet program, which serves as a core revenue driver for the firm.

Per market data, the LOM.DE stock closed at 456.6 EUR on September 17, 2026, having reached a daily high of 470.6 EUR. This new contract award underscores the continued reliance on the F-35 platform, a cornerstone of Lockheed Martin's defense portfolio, supporting qualitative growth expectations through long-term government agreements.

Investors should monitor the stock's performance following its close at 456.6 EUR (close September 17, 2026). While the upcoming economic calendar does not list immediate catalysts for the aerospace sector, broader market sentiment regarding U.S. military procurement remains a key factor to watch for the instrument's trajectory.