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International Final Assembly Facilities Key To F-35’s Momentum, Lockheed Martin Says

International Final Assembly Facilities Key To F-35’s Momentum, Lockheed Martin Says
The Marine Corps' short takeoff and vertical landing (STOVL) F-35B performs a vertical landing. Photo: Lockheed Martin.

FORT WORTH, Texas -- Lockheed Martin’s [LMT] F-35 final checkout and assembly (FACO) facilities in Italy and Japan are key to the program’s maturity going forward, according to a company executive. Lockheed Martin Vice President and General Manager for F-35 Lorraine Martin told reporters last week the FACO facilities are like “mini Fort Worths,” or smaller versions of the company’s massive F-35 production facility here. The buildings even look similar, which shouldn’t be surprising, she said, as Lockheed Martin partnered…

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