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The Wall Street Journal: Lockheed disappointed by terms of $6.1 billion F-35 contract

The Pentagon on Wednesday awarded Lockheed Martin Corp. a $6.1 billion deal for the next batch of F-35 fighter jets, triggering an unusual rebuke from the defense contractor over the terms and timing.

The deal for the ninth batch of the stealthy fighters covers 57 jets for the U.S. and some foreign air forces, with talks continuing on another contract involving more than 100 planes.

Lockheed LMT, +0.05% has been in negotiations with the Pentagon for 18 months about a combined deal for 160 jets covering two years of production, and the two sides had hoped to reach agreement in early 2016.

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