Major Defense Contract Amendment

The U.S. Department of Defense has announced a significant contract modification for aerospace and defense giant Lockheed Martin, increasing the total value by approximately $10 billion. The adjustment falls under an existing indefinite-delivery/indefinite-quantity (IDIQ) contract related to aircraft production and sustainment.

Scope and Implications

While the Pentagon's daily contract notice did not specify the exact aircraft program, such large-scale modifications are typically associated with major platforms like the F-35 Lightning II fighter jet, C-130J Super Hercules transport aircraft, or advanced helicopter programs. The funding will support production, modernization, logistics, and sustainment activities.

  • Contract type: Indefinite-delivery/indefinite-quantity (IDIQ) modification
  • Increased ceiling: $10 billion
  • Work locations and funding: To be determined with each individual order
  • Expected completion: December 2027

This substantial increase reflects continued U.S. military investment in air capabilities and Lockheed Martin's central role in defense aviation. The contract modification comes amid heightened global demand for advanced aircraft and ongoing modernization efforts across multiple military branches.