In the aftermath of the EADS-BAE merger being called off, speculation continues about the outlook for defense merger and acquisition (M&A) activity – andwhat impact that will have on government and suppliers.
Pentagon awards Lockheed $11.8 billion undefinitized F-35 production contract
The Pentagon aims to finalize the contract for production lot 18 by the spring, though a similar award for lot 19 is not planned to follow until the fiscal 2025 budget is approved, according to the F-35 Joint Program Office.