U.S. Navy Is Getting More F-35s – While More Heading to Europe: Elon Musk might not be a fan of the Lockheed Martin F-35 Lightning II, but the United States Navy loves the fifth-generation stealth fighter. The sea service awarded the aerospace and defense giant an $869.94 million fixed-price-incentive-firm-target contract.

It will allow Lockheed Martin to procure the long-lead materials, parts, components, and even associated support services for Lot 20 of the Joint Strike Fighter. Work will be performed at various facilities in the United States including in Texas, California, Florida, New Hampshire, and Maryland. Additional work will be completed in the UK and Italy among other locations.

The work is expected to be completed by the end of 2031, but that will only enable the defense contractor to start production for the aircraft. Lockheed Martin is currently producing Lots 18 and 19, but a production agreement hasn't been awarded for the specific aircraft in those lots as the Pentagon has indicated it would reduce the........

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