As negotiations continue between Lockheed Martin and the U.S. government on the final price of the next batch of F-35s, the Pentagon has awarded the company a $4.5 billion down payment to continue production work. The $4.5 billion will cover the cost of 91 U.S. F-35s currently in production, under a vehicle called an undefinitized contract action (UCA). As Lockheed awaits a final agreement on the next batch of F-35s, low-rate initial production (LRIP) Lot 11, the cash will help ensure there ...

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