In total, that's $15.5 billion worth of new F-35 revenue for Lockheed, front-loaded so that about $8.4 billion of it shows up in 2025.
The contract comes after Lockheed Martin said in October that it was internally funding the F-35 production line while negotiations for Lots 18 and 19, which had been ongoing since 2023 ...
So we're talking some objectively big numbers here. But let's put them in the context of the company we're talking about: Lockheed Martin, the world's largest pure-play defense contractor.