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Lockheed Martin Pegs Third Quarter For F-35 Tech Refresh 3 Deliveries

Lockheed Martin Pegs Third Quarter For F-35 Tech Refresh 3 Deliveries
A U.S. Navy Sailor directs a Marine Corps F-35B Lightning II aircraft assigned to Marine Fighter Attack Squadron (VMFA) 242 aboard the Japan Maritime Self-Defense Force helicopter destroyer JS Izumo (DDH-183) off the coast of Japan on Oct. 3, 2021. Marines and Sailors assigned to the amphibious assault ship USS America (LHA 6) embarked aboard Izumo to support the first ever F-35B Lightning II operations aboard a Japanese vessel (U.S. Marine Corps Photo)

Flight testing of F-35 fighters with new data upgrades is underway and aircraft with the technology refresh are expected to be delivered beginning in the third quarter, and overall this year, Lockheed Martin [LMT] still forecasts to deliver between 75 and 110 of the fifth-generation fighters, Jim Taiclet, the company’s chairman, president and CEO, said on Tuesday. The F-35s delivered in 2024 with the Technology Refresh (TR)-3 capabilities will be in the “combat training capable configuration,” which Taiclet referred to…

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