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Pentagon and Lockheed Martin agree to F-35 production rebaseline

Pentagon and Lockheed Martin agree to F-35 production rebaseline
El Centro, Calif. (Feb. 26, 2021) Marine Corps pilot, Maj. N.H. “Robo” Thayer conducts conventional landing of his F-35B Lightning II onboard Naval Air Facility (NAF) El Centro, Feb. 26, 2021.
NAF El Centro supports joint service air combat training and readiness of the Warfighter.
U.S. Navy photo by Mass Communication Specialist 3rd Class Drew Verbis.

FORT WORTH, Texas, Sept. 27, 2021 /PRNewswire/ — The F-35 Joint Program Office (JPO) and the Lockheed Martin (NYSE: LMT) industry team have agreed on an F-35 Lightning II production rebaseline.

This agreement ensures predictability and stability in the production process while recovering the aircraft shortfall realized over the last year during the COVID-19 pandemic.

With this F-35 Lightning II production rebaseline, Lockheed Martin is scheduled to deliver 133-139 aircraft this year, 151-153 aircraft in 2022 and anticipates delivering 156 aircraft beginning in 2023 and for the foreseeable future.

More than 700 F-35s have been delivered and are operating from 21 bases around the globe. More than 1,460 pilots and 11,025 maintainers have been trained and the F-35 fleet has surpassed 430,000 cumulative flight hours.

Pentagon and Lockheed Martin agree to F-35 production rebaseline
U.S. Air Force Maj. Kristin Wolfe performs a demonstration in the F-35A Lightning II during at the Reno Air Races in Reno, Nevada, September 19, 2021.
The F-35 Lightning II Demonstration Team is based out of Hill Air Force Base, Utah.
U.S. Air Force photo by Tech. Sgt. Nicolas Myers.

Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

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