Lockheed Martin F-35

Though Lockheed managed earnings of per share of $6.80, beating Wall Street’s expectations, sales declined 1% year-over-year to $17.1 billion.

The Pentagon’s new F-35 fleet did not meet any of its mission capable targets over the six-year span.

Taipei is scaling back its industrial ambitions in ending its pursuit of a homegrown fifth-generation fighter.

Australia is working to modernize, upgrade, and strengthen its strategic capabilities across the spectrum of its missions and the work is beginning to show.

McIntosh will replace Bridget Lauderdale, who is retiring as vice president and general manager of the F-35 after 38 years at Lockheed.

Oslo says it is also spending additional money to improve the aircraft’s availability.

For more information about Aviation Week Intelligence Network’s (AWIN) 2024 Military Fleet & MRO Forecast and other Aviation Week data products, please see: https://pgs.aviationweek.com/forecast

Under the agreements around basing at the Payerne air base near Geneva, takeoffs and landings by the stealthy fighter will be limited to 4,200 a year.

The Royal Netherlands Air Force is set to become the second European air arm after Norway’s to depend entirely on the F-35 for combat aircraft operations.

The Italian Navy is studying the long-term concept of employing uncrewed aerial systems as a possible airborne early warning (AEW) platform for its aircraft carriers.

Increasingly, defense plans in Europe are converting to contracts for Lockheed Martin’s F-35 and Eurofighter’s Typhoon, giving industry executives on both sides of the Atlantic reason to be optimistic.

A key element of the ROKAF's force strengthening is the commitment to deploying the its growing fighter fleet alongside attritable uncrewed aircraft that will serve as loyal wingmen and force multipliers.

The weapon has been designed under contract through a recently completed 2023 UK Defense Ministry contract.

The purchase forms part of the third phase of the country’s F-35 procurement program.

The missile was unveiled Sept. 16 at the Air & Space Forces Association’s Air, Space & Cyber Conference.

The authorizations add to a record haul of more than $90 billion in authorized FMS cases so far this year by the U.S. government.

Lockheed Martin says timing issues around the next lot of F-35 JSF production could affect sales and cashflow.

Deputy Defense Minister Cezary Tomczyk told the country’s parliament, the Sejm, that the country’s Supreme Audit Office will examine the procurement.

From trainers to missiles, Japan is putting money behind efforts to build a military with more punch.

The Air Force and U.S. Navy have fielded the latest version of the missile.

The six aircraft are part of a wider defense spending package worth €2.4 billion ($2.6 billion).

Warsaw is looking to translate large fighter, helicopter and weapons purchases into a stronger defense industrial footprint.

The facility is located in Sumter, South Carolina, and operated by Ara’s portfolio company e-VAC (VAC).

“New threats require action,” the Dutch government says, also announcing it will spend money on helicopters, tanks and warships in addition to the F-35 JSF buy.

The UK has pulled around 30 arms export licenses for Israel that London signaled could also impact the F-35 Joint Strike Fighter program in certain circumstances.