≈$24.5B Navy DEFINITIVE CONTRACT N0001923C0003

F-35 (A/B/C) long-lead material: ~$24.5B — a contract with Lockheed Martin (via the U.S. Navy, USAspending)

Department of the Navy ・2022-12-23 〜 2030-09-30

The U.S. Navy (the F-35 Joint Program Office) awarded a long-lead-funding contract for F-35 fighters (A, B, and C variants) to Lockheed Martin — covering U.S. services, non-DoD partners, and Foreign Military Sales (FMS) customers. The value is about $24.5 billion ($24,499,786,640).

Contract key facts

RecipientLOCKHEED MARTIN CORPORATION
Contract value$24,499,786,640 (≈$24.5B)
BranchNavy
Awarding agencyDepartment of Defense
Awarding sub-agencyDepartment of the Navy
Award typeDEFINITIVE CONTRACT
Period of performance2022-12-23 〜 2030-09-30
Contract ID (PIID)N0001923C0003

Contract scope (original)

THE PURPOSE OF THIS CONTRACT IS TO AWARD LONG LEAD FUNDING FOR F-35A, F-35B, AND F-35C AIRCRAFT FOR U.S. SERVICES, NON-DOD PARTNERS, AND FMS CUSTOMERS

Key points

Long-lead material for F-35 A/B/C (U.S. services + partners + FMS)
Awarded to Lockheed Martin; awarding component is the U.S. Navy (the JPO)
Value ~$24.5B ($24,499,786,640), definitive contract, Dec 2022–Sep 2030
A = Air Force / B = Marine Corps / C = Navy = a tri-service international program

This contract funds long lead-time items for F-35A, F-35B, and F-35C aircraft — for U.S. services, non-DoD partners, and FMS (Foreign Military Sales) customers.

The F-35 is a joint strike fighter operated by the Air Force, Navy, and Marine Corps; its acquisition is centrally managed by a Joint Program Office (JPO) housed in the Navy. The A, B, and C variants are the conventional-takeoff (Air Force), short-takeoff/vertical-landing (Marine Corps), and carrier-based (Navy) versions, respectively. This award funds long-lead material ahead of airframe production, reflecting the scale of an international, multi-service program.

Why it matters

A read on one of the largest defense-aviation programs in the world and the structure of international procurement (partners and FMS). Useful for aerospace/defense supply chains and security watchers.

FAQ

What data is this?

A single Department of Defense (DoD) federal procurement contract recorded in "USAspending," the U.S. open government-spending dataset. The recipient, awarding component, value, and scope are public. This site is not an official U.S. government website.

Is the amount final?

It is a cumulative figure as of collection. Large defense contracts accumulate modifications over many years, so amounts change. The latest figure is available at the source, USAspending.

Why is the Navy ordering the F-35?

The F-35 is a joint program for the Air Force, Navy, and Marine Corps, managed centrally by a Joint Program Office housed in the Navy. The source lists the awarding component as the Navy.

Sources (primary)

This article is an independent organization based on the U.S. official spending data below. Verify the exact, latest details with the official source.

USAspending (award details)
Contract ID (PIID)：N0001923C0003

#Defense#Department of Defense#Navy#Fighter aircraft#F-35#Federal procurement

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