Cubic Wins Lockheed F-35 Contract
Analysis based on 6 articles · First reported May 06, 2026 · Last updated May 08, 2026
The contract award to Cubic Corporation by Lockheed Martin is positive for Cubic Corporation's stock, as it secures future revenue and strengthens its position in defense training solutions. It also ensures continued production and enhancement of the F-35 program, which is beneficial for Lockheed Martin and the defense sector.
Cubic Corporation has secured a follow-on contract from Lockheed Martin to deliver 140 P5 Internal Subsystems (IS) units for F-35 Lot 21 production aircraft. This capability allows 4th and 5th-generation aircraft to train together seamlessly in live flight events while safeguarding critical tactics, techniques, and procedures. Leonardo (company) will serve as the principal subcontractor. This award builds on a previous contract from November 2025 and aims to enhance the training systems used by the United States, United States — United States Marine Corps, United States, and coalition partners, improving overall readiness and operational advantage for the United States and its allies.
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