News just in ...Tue, January 4, 2022, 9:13 PMLockheed Martin...

News just in ...
Tue, January 4, 2022, 9:13 PM
Lockheed Martin Corporation LMT recently revealed that two more countries have been added to its Foreign Military Sales customers in 2021 to procure and operate the F-35 jet. This reflects increased demand for stealth aircraft across the globe. With six already on the list, Switzerland and Finland take the count to eight foreign military customers by choosing F-35 as their fighter jet for military missions.Moreover, F-35’s increased importance can be gauged by the addition of the Royal Netherlands Air Force as the ninth international program partner of F-35, proclaiming the F-35 fleet to be ready for Initial Operational Capability.
Performance of F-35 Boosts Growth :
The F-35 aircraft is one of the most dependable aircraft for many nations across the globe augmented by its strong operational performance. The fighter jet has proven its excellent operational capability by delivering more than 80% mission-capable rates. Moreover, 93% of its parts have recorded better-than-expected performance.Lockheed Martin’s efforts to transform the jet by employing advanced digital technologies further enhance the warfare capability of the jet and attract nations to include this stealth aircraft in their fleet. The increased demand for the aircraft enabled Lockheed Martin to deliver 142 F-35 jets in 2021, thereby surpassing its year-end target of 133-139 jets.

Looking ahead, the production of F-35 jets is expected to continue for many years, given the U.S. government's current inventory target of 2,456 aircraft for the Air Force, Marine Corps and Navy. In this context, such upbeat prospects for the F-35 jet not only stand to benefit Lockheed but also Northrop Grumman NOC and BAE Systems BAESY as both are leading supporters of F-35 Joint Strike Fighters production.
https://www.yahoo.com/finance/news/lockheed-martins-lmt-f-35-141302948.html
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