Morningstar

Lockheed Martin Gets $871 Million Navy Contract for Work on Jet Sites

Provided by Dow Jones Sep 18, 2026, 10:14:00 PM

By Katherine Hamilton

Lockheed Martin received an $871.2 million contract from the Navy to fund continued work on sites for fighter jets.

The amount is an add-on to a previous contract to provide additional capacity for support equipment under the F-35 Lightning II site activation and hardware non-recurring sustainment effort.

The contract provides initial sustainment supplies and services in support of establishing and activating land-based and at-sea operation sites for F-35 jets.

The sites are for the Air Force, Marine Corps, Navy and foreign military sales customers.

About 90% of the work will be done in El Segundo, Calif., with the other 10% happening in Fort Worth, Texas. It is expected to be completed in February 2031.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

September 18, 2026 18:14 ET (22:14 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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