Approximately 5,000 Lockheed Martin employees building the F-35 in Fort Worth, Texas, ratified a new five-year labor contract with IAM Union District 776 on 14 June 2026, effective at midnight 15 June 2026 through 15 June 2031. The agreement secures annual general wage increases of 6.0%, 4.5%, 4.5%, 4.0%, and 4.0%, eliminates mandatory overtime, expands vacation and retirement benefits, and includes a $6,000 ratification bonus. Negotiations began mid-March 2026, reflecting member demands for no takeaways. This deal impacts the broader F-35 supply chain supporting over 254,000 jobs across 48 states and Puerto Rico, signaling stability for operators and procurement managers.