By Michael Dabaie
Lockheed Martin Corp. said it and the Pentagon agreed to a F-35 production rebaseline.
The company said the updated schedule ensures production predictability and stability while recovering the aircraft shortfall over the last year during the Covid-19 pandemic.
With this agreement, 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 world, the security and aerospace company said.
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(END) Dow Jones Newswires