Lockheed Martin gets sustainment contracts for F-35 jets

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(Reuters) – Lockheed Martin (NYSE:LMT) said on Monday it had been awarded annual contracts covering fiscal years 2021-2023 to support operations and sustainment of the global F-35 fighter jet fleet.

The Security and aerospace company said the annual contracts represents a planned next step in further reducing overall operations and support costs for the F-35 program.