Lockheed Martin now expects to deliver 97 aircraft in 2023

According to a regulatory filing, Lockheed Martin has updated its F-35 Technology Refresh 3 schedule projections and currently anticipates delivering the first TR-3 jet between April and June 2024. “As a result, we now expect to deliver 97 aircraft in 2023, all in the TR-2 configuration, which we do not currently anticipate will impact our 2023 financial outlook,” the company said. “We are producing F-35s at a rate of 156 per year and expect to continue at that pace while simultaneously working to finalize TR-3 software development and testing. Additionally, we remain focused on receiving the necessary hardware from our suppliers to deliver this critical combat capability for the F-35. The number of 2024 F-35 deliveries will depend on when the first TR-3 aircraft is delivered and the time needed to complete the customer’s acceptance process. We continue to assess impacts to 2024 and will have updates as the test plan continues.”