Lockheed Martin misses F-35 jet delivery target due to COVID-19

FILE PHOTO: U.S. Marine Corps Lt. Col. Richard Rusnok flies a Lockheed Martin F-35B Lightning II Joint Strike fighter jet during Exercise Valiant Shield 18 at Iwo To, Japan, September 18, 2018. Seth Rosenberg/U.S. Marine Corps/Handout via REUTERS

(Reuters)


1 photo
Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BETHESDA, Md. (Reuters) - Lockheed Martin said on Monday it had missed its target to deliver 141 F-35 fighter jets to the United States and its allies in 2020, as it built 8% fewer jets after the coronavirus pandemic hampered its supply chain and factories.

The defense contractor delivered 123 aircraft in 2020, underperforming its target established in late 2019.

The company in May revised down the target to 117-123 aircraft due to parts shortage.

(Reporting by Shreyasee Raj; Editing by Maju Samuel)

© Copyright Thomson Reuters 2020

Photos

Most recent Business stories

Related topics

Reuters
    KSL.com Beyond Business
    KSL.com Beyond Series

    KSL Weather Forecast

    KSL Weather Forecast
    Play button