Lockheed Martin Reaches 2018 F-35 Delivery Target Written 21 December 2018

Reuters reports that Lockheed Martin “said on Thursday it has reached its 2018 target to deliver 91 F-35 fighter jets to the United States and its allies, as the defense contractor built 38 percent more jets this year.” The F-35 accounts for around a quarter of Lockheed’s revenues, and F-35 “production volume and payments for maintenance increased” during the third quarter. Lockheed Martin “said that in 2019 it aims to deliver more than 130 F-35s representing a 40 percent increase in production over 2018.” By 2023, the company hopes to deliver 160 jets annually.
More Info (Reuters)