02 January 2017

News Story: Pentagon gives Lockheed Martin 450-mln-dollar contract for F-35 fighters

WASHINGTON, Dec. 29 (Xinhua) -- The U.S. Department of Defense Thursday announced that it has awarded Lockheed Martin with a 450-million-U.S.-dollar contract to develop F-35 fighter jets for South Korea.

The contract is a modification of a previous 920-million-dollar deal for Lockheed Martin to manufacture 94 various models of F-35s for the United States and its allies.

"This modification continues the integration work to implement the development and delivery of the F-35A Air System to the Republic of Korea under the Foreign Military Sales program," a statement said.

Read the full story at Xinhua