Monitor future F-35 production and sustainment contract awards for continued backlog growth. The contract supports existing production and does not indicate new program wins or competitive displacement.
Price Chart
Executive Summary
Lockheed Martin received a $1.6 billion contract from the Department of Defense for F-35 air vehicle initial spares for FY2026 production aircraft. The award is approximately 2.2% of the company's annualized revenue, representing a notable but not transformative addition to its backlog.
Key Financial Metrics
Key Facts
- Award amount: $1,603,067,858
- Awarding agency: Department of Defense
- Contract for F-35 air vehicle initial spares for FY2026 production aircraft
- Period of performance start: 2026-07-15
- Company annualized revenue: $72,084,000,000
- Award represents approximately 2.2% of annualized revenue
Financial Impact
$1.6 billion contract, ~2.2% of annualized revenue
Risk Factors
- Potential funding delays due to continuing resolutions or budget uncertainty
- Execution risk on F-35 production ramp and spares delivery timelines
- Contract is for initial spares, not full aircraft procurement, limiting revenue visibility beyond FY2026
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-N0001926F2171 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Press Release | $625.19 | awaiting T+20 | — | $622.99 (−0.35%) |
Oct 26, 2026 2d ago | GOVT-CONTRACT | $635.08 | awaiting T+20 | — | $622.99 (−1.90%) |
Oct 23, 2026 4d ago | 144 | $635.20 | awaiting T+20 | — | $622.99 (−1.92%) |
Oct 23, 2026 5d ago | GOVT-CONTRACT | $635.20 | awaiting T+20 | — | $622.99 (−1.92%) |
Oct 22, 2026 5d ago | 8-K | $589.91 | awaiting T+20 | — | $622.99 (+5.61%) |
Oct 22, 2026 6d ago | GOVT-CONTRACT | $604.18 | awaiting T+20 | — | $622.99 (+3.11%) |
Oct 15, 2026 12d ago | Press Release | $532.64 | awaiting T+20 | — | $622.99 (+16.96%) |
Oct 14, 2026 14d ago | GOVT-CONTRACT | $532.64 | awaiting T+20 | — | $622.99 (+16.96%) |
Oct 13, 2026 15d ago | GOVT-CONTRACT | $522.23 | awaiting T+20 | — | $622.99 (+19.29%) |
Sep 21, 2026 5w ago | Press Release | $522.34 $548.71 | ▲ +5.05% | ▲ +5.61% | $622.99 (+19.27%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers