Monday, October 18, 2021

Pentagon And Lockheed Martin Agree To F-35 Production Rebaseline

Must Read

Updated schedule ensures production predictability and stability

FORT WORTH, Texas, Sept. 27, 2021 /PRNewswire/ — The F-35 Joint Program Office (JPO) and the Lockheed Martin (NYSE: LMT) industry team have agreed on an F-35 production rebaseline that ensures predictability and stability in the production process while recovering the aircraft shortfall realized over the last year during the COVID-19 pandemic.

With this agreement, Lockheed Martin is scheduled to deliver 133-139 aircraft this year, 151-153 aircraft in 2022 and anticipates delivering 156 aircraft beginning in 2023 and for the foreseeable future.

More than 700 F-35s have been delivered and are operating from 21 bases around the globe. More than 1,460 pilots and 11,025 maintainers have been trained and the F-35 fleet has surpassed 430,000 cumulative flight hours.

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

SOURCE: Lockheed Martin

- Advertisement -
- Advertisement -

Latest News

Dynetics to Manufacture Enduring Indirect Fires Protection Capability (IFPC) Weapon System for the US Army

HUNTSVILLE, Ala., Sept. 27, 2021 - Dynetics, a wholly owned subsidiary of Leidos, has been awarded a contract by...
- Advertisement -
- Advertisement -