U.S. Said to Plan Announcement of $8.2 Billion F-35 Contract

The White House is planning to announce on Friday a contract for 90 F-35 jets from Lockheed Martin Corp. valued at as much as $8.2 billion, according to a source familiar with the plan who asked not to be identified. The contract represents the 10th and latest tranche in a $379 billion program, the Pentagon’s most expensive, which has come under fire by President Donald Trump for “out of control” costs.