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Event Brief

U.S. and Lockheed finalize 10-year F-35 framework

The War Department and Lockheed Martin finalized a 10-year framework agreement to strengthen the F-35 Lightning II fleet. Bloomberg reported that the Pentagon plans to buy at least 850 additional jets, in what would be the largest contract in the program’s 25-year history; the official announcement also cited $7 billion in private investment.
WHO: The War Department and Lockheed Martin
WHAT: Finalized a 10-year framework agreement to strengthen the F-35 fleet.
WHEN: Reported Oct 22, 2026 at 6:00 AM ET
WHERE: USA
WHY: The agreement is intended to strengthen the F-35 fleet.

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