Lockheed Looks to Deliver Up to 190 F-35s in 2025, Loses $1.9 Billion on Secret Programs

Lockheed Martin will deliver up to 190 F-35s in 2025, including both newly built aircraft and jets that have been in storage pending test progress on the Tech Refresh 3 upgrade, company president and CEO Jim Taiclet said this week. Taiclet also said Lockheed is taking more than $1.9 billion in charges on two secret programs, at least one of which the executive described as vital to the Air Force.

“We continue to expect [F-35] deliveries will exceed the production rate over the next few years, and estimate 170 to 190 F-35 aircraft deliveries in 2025,” Taiclet said during an earnings call on Jan. 29.