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US F-35 jet deliveries to resume soon with truncated software upgrade

Published 07/11/2024, 05:26 PM
Updated 07/12/2024, 12:21 AM
© Reuters.
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(Reuters) -Deliveries of F-35 jets to the U.S. military are set to resume shortly without the complete TR-3 software upgrade, the head of the F-35 Joint Program Office (JPO) said on Thursday.

The delays in delivery to the Pentagon were linked to the lingering issue on the TR-3 tech refresh, which refers to a series of software and hardware improvements to the F-35 giving the jets better displays, computer memory and processing power.

The decision to move forward without complete implementation of the TR-3 software was made in coordination with the various stakeholders, according to the JPO.

"We made the decision to move forward with the truncation plan for TR-3 software," said Lt. Gen. Mike Schmidt, program executive officer at the F-35 Joint Program Office.

Lockheed Martin (NYSE:LMT), the aircraft's manufacturer, was left with F-35 jets in its inventory as a result of the delays. The advanced fighter jet contributes 27% of the company's sales.

Despite the resumption of deliveries, the Pentagon will continue to withhold some - if not all - of the final payment for each jet, a person familiar with the agreement said.

About $7 million of the final payment for each jet has been withheld to date, but the source did not say how much may be withheld when deliveries resumed.

© Reuters. FILE PHOTO: A Lockheed Martin F-35 fighter jet performs during the International Aerospace Exhibition ILA on the opening day at Schoenefeld Airport in Berlin, Germany June 5, 2024. REUTERS/Axel Schmidt/File Photo

Lockheed said the delivery of the first jets with the TR-3 update was an important milestone, but did not respond to a request for comment on the payment details.

During an earnings call in April, Lockheed CEO Jim Taiclet had said that delivery of the first TR-3 combat training-capable aircraft was expected in the third quarter, with a full transition to combat-capable aircraft expected by 2025.

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