Lockheed Martin is finishing but not delivering F-35 fighters, pending results of a Navy investigation into a recent F-35B crash, company officials said on their quarterly results call. They also revealed heavy charges against the hypersonic AGM-183 ARRW missile program and said the company's classified ...
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, ...
Negotiations over the next three-year lot of F-35s have gone on six months longer than expected because the government and Lockheed Martin are having a hard time agreeing on common numbers for inflation and because of COVID-related supply chain costs, company officials said. However, with foreign orders, ...