Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Lockheed to deliver fewer F-35 jets than expected to U.S. in 2022

Published 09/27/2021, 08:19 AM
Updated 09/27/2021, 08:40 AM
© Reuters. FILE PHOTO: A Lockheed Martin F-35 aircraft is seen at the ILA Air Show in Berlin, Germany, April 25, 2018.    REUTERS/Axel Schmidt

(Reuters) -Lockheed Martin said on Monday it had agreed with the Pentagon to deliver 151 to 153 F-35 fighter aircraft in 2022, fewer than the 169 jets it had hoped to deliver.

The weapons maker also said it was expecting to deliver 156 aircraft to the United States beginning 2023 and for the "foreseeable future".

The U.S. government is Lockheed's biggest customer, accounting for three quarters of its sales last year.

The F-35 is United States' most advanced fighter jet and Lockheed said over 700 F-35s have been delivered so far to the country and its partners.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.