other material
confidence high
sentiment neutral
materiality 0.60
Lockheed updates F-35 TR-3 schedule; first delivery now expected between Apr-Jun 2024
LOCKHEED MARTIN CORP
- Expect to deliver 97 aircraft in 2023, all in TR-2 configuration; no impact to 2023 financial outlook.
- Producing F-35s at rate of 156 per year; continue pace while finalizing TR-3 software development and testing.
- First TR-3 jet delivery delayed to April-June 2024, subject to hardware availability and customer acceptance.
- 2024 delivery outlook will depend on timing of first TR-3 delivery and acceptance process.