Lockheed Martin Awarded $20.2 Million for Dutch F-35 Spares
The Navy gave the Fort Worth contractor a not-to-exceed $20.2 million modification for afloat and deployment spares packages backing Dutch F-35 production aircraft, with work running through July 2033.
FORT WORTH, TEXAS — Lockheed Martin Corp., the top contractor to the U.S. federal government, received a $20.2 million contract modification to supply F-35 spare parts for the Netherlands, as announced on war.gov.
The not-to-exceed $20.2 million award adds scope to an undefinitized firm-fixed-price order under a previously issued basic ordering agreement, the Navy said in the contract notice. It funds afloat spares packages and deployment spares packages for air vehicle initial spares supporting F-35 production aircraft. Cooperative program partners obligated $20.2 million at the time of award.
“73% of the company’s revenue came from the federal government, including 65% from the United States Department of Defense” in 2024, according to wikipedia.org, and 26% of that revenue came from sales of the F-35 fighter.
An undefinitized order lets work begin before the government and contractor settle final terms and price. Contracting officials use the mechanism when schedule pressure outweighs the value of a fully negotiated deal at signing. The modification carries reference number P00001 and sits under order N0001926F2171 and basic ordering agreement N0001924G0010. The Naval Air Systems Command in Patuxent River, Maryland, is the contracting activity.
The stakes fall mainly on the Netherlands and other F-35 partner nations, which gain guaranteed access to shipboard and deployment spare inventories that keep the jets flying on operations. Lockheed Martin gains steady sustainment revenue that stretches years beyond the initial aircraft sale. Work will be performed in Fort Worth, Texas, through July 2033.
The award is modest against the contractor’s recent run of business. This marks the 26th contract to Lockheed Martin in 2026, lifting the company’s total for the year to $3.1 billion. It is the 14th Department of Defense contract in Texas during 2026, and one of four issued nationwide on August 3, 2026.
For the average U.S. reader, the deal illustrates how F-35 sales carry decades of follow-on spending. The parts flowing to the Netherlands come from a supply chain that Lockheed Martin leads and that runs through Fort Worth, where the fighter is built. Sustained foreign orders help spread the program’s fixed costs, which can ease the per-aircraft price the Pentagon pays for its own fleet.
This has happened before. The Netherlands is a longstanding F-35 cooperative program partner, and Lockheed Martin regularly receives spares and sustainment modifications tied to partner-nation aircraft. Late in July 2026, the U.S. government awarded the company a seven-year undefinitized contract action worth up to $53.86 billion for PAC-3 Missile Segment Enhancement production, according to lockheedmartin.com.
The Naval Air Systems Command will make the next decision on this order when it definitizes the final price and terms. A date for that definitization has not been announced.
International partnership has shaped the F-35 from its start, as happened before with earlier Lockheed programs. Merger talks between Lockheed Corporation and Martin Marietta began in March 1994, and the companies announced a $10 billion planned merger on August 30, 1994, according to wikipedia.org. The deal closed on March 15, 1995, when shareholders of both firms approved it. Norman R. Augustine, then chief executive of Martin Marietta, received an $8.2 million bonus tied to the combination, according to wikipedia.org, and the merged company went on to become the largest defense contractor in the United States.
This contract represents the 26th contract awarded to Lockheed Martin Corp., in 2026, bringing the company’s total contract value for the year to $3,121,068,339. It is also the 14th Department of Defense contract awarded in Texas during 2026. While this is not the largest contract ever awarded to Lockheed Martin Corp., whose record stands at $2,968,000,000, it is notable within the Navy portfolio. Specifically, it falls between the 2026 Navy portfolio’s year-to-date minimum of $9,046,496 and maximum of $8,000,000,000. Overall, this award was announced among 4 Department of Defense contracts issued nationwide on August 3, 2026.
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