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Lockheed Will Leverage NGAD Investment For F-35+ To Approach 6th Gen Aircraft At Half Cost

Cal Biesecker By
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Lockheed Will Leverage NGAD Investment For F-35+ To Approach 6th Gen Aircraft At Half Cost
F-35A Lightning II multi-role fighter. Photo: Lockheed Martin

Despite losing out on a potential new franchise aircraft program, Lockheed Martin [LMT] will leverage its investments in the Air Force’s Next-Generation Air Dominance (NGAD) platform for upgrades of its F-35 multi-role fighter to give the fifth generation aircraft 80 percent of the capabilities of sixth generation aircraft at half the cost, the company’s top executive said on Tuesday. Lockheed Martin will not protest the loss of NGAD to Boeing [BA] and instead will pour the “knowledge and technology gained”…

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