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Lockheed Martin delivers 110 F-35 fighter jets in 2024
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Lockheed Martin delivers 110 F-35 fighter jets in 2024
Jan 8, 2025 4:13 PM

Jan 8 (Reuters) - Lockheed Martin ( LMT ) delivered a

total of 110 F-35 fighter jets to the United States and its

allies in 2024, the Bethesda, Maryland-based defense contractor

said in a statement on Wednesday.

The delivery total achieves the higher end of the range of

75 to 110 jet deliveries CEO Jim Taiclet gave in an earnings

call last summer.

Lockheed lifted its sales target in July after the Pentagon

resumed taking F-35 deliveries following a months-long pause on

delays on its software upgrade. Lockheed has been upgrading the

jets under the Technology Refresh 3, or TR-3 program, which

gives the F-35 better displays and processing power.

Lockheed's F-35 program contributes around 30% of the

company's revenue.

"Lockheed Martin ( LMT ) is fully committed to advancing and

delivering unmatched air dominance solutions to the United

States and our allies, helping to ensure America continues to

own the skies," the company said in a statement.

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