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AEROSPACE NEWS

Lockheed Martin Stands Firm on F-35 Production Rate

Key Takeaways
  • Lockheed Martin says it will not increase F-35 production beyond 156 units annually.
  • The US Air Force wants to produce 100 F-35As by 2030.
  • The Air Force must produce both F-35s and F-15EXs to meet 'acceptable' risk levels.
  • Lockheed is working with customers to address capability, jobs, and economic concerns.
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Strategic Implications

This stance may suggest Lockheed's confidence in its current production capacity and supply chain. However, the Air Force's request for increased production may indicate growing demand for the F-35, which could impact Lockheed's ability to meet customer needs. The company's focus on maintaining a steady production rate may also be a response to concerns about 'whipsaw supply' and the need to keep suppliers stable.

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What Happened

US Air Force Seeks to Boost F-35 Production Amid Growing Demand

Lockheed Martin has stated that it will not increase the production rate of the F-35 beyond 156 units annually, citing a ‘smart’ rate established in cooperation with the Pentagon’s F-35 Joint Program Office. The US Air Force has requested a production rate of 100 F-35As by 2030, but Lockheed is working with customers to address concerns about capability, jobs, and economic benefits. The company is in close cooperation with the US government and Swiss customer on the disputed fixed-price deal, and is exploring ways to maintain a steady production rate.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Lockheed Martin Stands Firm on F-35 Production Rate

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Lockheed Martin says it will not increase F-35 production beyond 156 units annually.
  • The US Air Force wants to produce 100 F-35As by 2030.
  • The Air Force must produce both F-35s and F-15EXs to meet 'acceptable' risk levels.
  • Lockheed is working with customers to address capability, jobs, and economic concerns.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This stance may suggest Lockheed's confidence in its current production capacity and supply chain. However, the Air Force's request for increased production may indicate growing demand for the F-35, which could impact Lockheed's ability to meet customer needs. The company's focus on maintaining a steady production rate may also be a response to concerns about 'whipsaw supply' and the need to keep suppliers stable.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

US Air Force Seeks to Boost F-35 Production Amid Growing Demand

Lockheed Martin has stated that it will not increase the production rate of the F-35 beyond 156 units annually, citing a ‘smart’ rate established in cooperation with the Pentagon’s F-35 Joint Program Office. The US Air Force has requested a production rate of 100 F-35As by 2030, but Lockheed is working with customers to address concerns about capability, jobs, and economic benefits. The company is in close cooperation with the US government and Swiss customer on the disputed fixed-price deal, and is exploring ways to maintain a steady production rate.

Source

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