“The year 2024 will stand as a transformative year for modernizing the U.S. Air Force’s fighter force. Bottom line: the service needs to reset fast. That is why it was welcome news when Lockheed Martin recently announced the Tech Refresh 3/Block 4 variant of its ...
The latest F-35 deal between the government and Lockheed Martin calls for 398 of the fighters to be delivered across production Lots 15-17; nearly 100 fewer fighters than in the last three-lot deal. Meanwhile, unit costs will increase because the newer jets are more sophisticated, ...
The services may want to pause buying the F-35 fighter until the Block 4 version is available and possibly curtail the program from reaching planned buys, House Armed Services chairman Rep. Adam Smith (D-Wash.) told defense reporters. Meanwhile, lawmakers should take a hard look at ...
Finland finalized its $9.4 billion purchase of 64 Lockheed Martin F-35s and support services, signing a letter of offer and acceptance, announced Feb. 11, that calls for the jets to be delivered before the end of 2030. The agreement provides Finland with industrial participation on ...
Lockheed Martin and the F-35 Joint Program Office have agreed that F-35 production will peak at 156 jets per year in 2023 and remain at that level "for the foreseeable future." The "re-baselining" of the program is meant to ensure predictability and stability in production.