Lockheed Martin has been awarded a $250 million contract modification by the U.S. Navy for the production and support of the F-35 Lightning II logistics information system. The Department of Defense announced that this modification will facilitate the continued production of the system, underscoring the ongoing commitment to enhancing F-35 operations.

Lockheed Martin reported a solid start to fiscal year 2025 with a 4% increase in first-quarter sales totaling $18 billion. The company’s net earnings reached $1.7 billion, signaling sustained growth in the aerospace and defense sector.