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Pentagon awards $7.8 billion F-35 contract modification to Lockheed Martin


The U.S. Defense Department said on Friday it had awarded a $7.8 billion contract modification for F-35 aircraft to Lockheed Martin Corp (LMT.N).

“This modification adds scope to procure 127 F-35 Lot 16 aircraft,” the Pentagon said in a statement.

The additional contract announced Friday takes the total deal between the company and the Pentagon for delivering 398 F-35s to $30 billion, the company said.

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