The Times of India

US draws up $78bn-plan for 850 F-35 jets; eyes Air Force fleet of 1,509 fighters by 2035

The Pentagon has formalized a 10-year agreement with Lockheed Martin to manufacture a minimum of 850 F-35 aircraft, pending congressional authorization. This strategic partnership focuses on boosting production capabilities and enhancing aircraft readiness, supported by a $7 billion investment from Lockheed. The target is to deliver an average of 85 aircraft annually for U.S.