(Reuters) – Bethesda, Maryland-based defense contractor Lockheed Martin Corp will deliver a total of 110 F-35 fighter jets to the United States and its allies in 2024, the company said in a statement on Wednesday. .
Chief Executive Jim Taiclet said on an earnings call last summer that total deliveries had reached a ceiling of 75 to 110 jets.
Lockheed raised its sales target in July after the Pentagon resumed deliveries of F-35s after months of delays in software upgrades. Lockheed has been upgrading the jet under the Technology Renewal 3 (TR-3) program, which provides the F-35 with better display and processing capabilities.
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Lockheed’s F-35 program contributes about 30% of the company’s revenue.
“Lockheed Martin is fully committed to advancing and delivering unparalleled air control solutions to the United States and its allies, helping ensure America continues to own the skies,” the company said in a statement.
(Reporting by Ryan Patrick Jones and Mike Stone; Editing by Diane Craft)
