Business · Companies · 3 hrs ago
Lockheed Martin signs 10-year F-35 agreement with Pentagon
Lockheed Martin reached a 10-year F-35 agreement with the Pentagon.
The deal is described as one of the biggest defense agreements in years.
Morgan Stanley raised its price target for Lockheed Martin after the agreement.
The F-35 is the focus of the deal, but no further details about its terms are provided.
The agreement links the defense company with the Pentagon for a decade.
The agreement’s value and next steps are not specified.
Lockheed Martin signed a 10-year F-35 agreement with the Pentagon.
Morgan Stanley raised its price target for Lockheed Martin after the agreement.
TheStreet reported the news on October 28, 2026.
- Who
- Lockheed Martin and the Pentagon.
- What
- They signed a 10-year F-35 agreement.
- When
- Not stated. TheStreet reported the news on October 28, 2026.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Agreement length
- 10 years
- Aircraft program
- F-35
- Other party
- Pentagon
- Analyst firm
- Morgan Stanley
- Report date
- October 28, 2026