Lockheed Martin may not resume deliveries of the F-35 until this summer, but international partners and the Joint Program Office are looking at accepting aircraft earlier, without full validation of the Tech Refresh 3 upgrade.
Lockheed Martin CEO Jim Taiclet thinks completing flight testing of the F-35 Tech Refresh-3 by the middle of 2024 is "manageable," saying the complex changes are taking time because the technologies are comparable to those in driverless cars and autonomous aircraft.
Lockheed Martin won’t make its goal of 156 F-35s in 2023 due to engine delivery delays and continuing development and testing of the Tech Refresh 3 update, which underwrites the Block 4 upgrade. However the company expects a Performance-Based Logistics Contract by the end of ...
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 ...
Lockheed Martin will buy Aerojet Rocketdyne, maker of rocket motors and hypersonic engines, among other products, in a $5 billion transaction, Lockheed announced Dec. 21. The biggest issue in the potential deal is how comfortable the industry, Congress, and the Pentagon will be with all ...