Software problems with the F-35’s latest upgrades will cause Lockheed Martin to deliver roughly between 30 to 50 fewer fighters than it planned in 2023. (Senior Airman Kayla Christenson/U.S. Air Force)
Defense News: F-35 delivery delays to cost Lockheed hundreds of millions in 2023
WASHINGTON — Problems with the F-35 Joint Strike Fighter’s newest upgrades will cause the aircraft’s manufacturer to miss its 2023 delivery goal by up to roughly 50 jets, Lockheed Martin officials said Tuesday.
The delays could bring down Lockheed’s revenue for 2023 by hundreds of millions of dollars.
Lockheed originally planned to deliver between 147 and 153 fighters this year. But software problems with the upgrades known as Technology Refresh 3, or TR-3, are causing significant delays. The Pentagon announced in June that it would not accept newly built F-35s with TR-3 until the upgrades are completely ready.
Read more ….
Lockheed Continues To Face F-35 Production Problems
Lockheed CEO sees up to 120 F-35 deliveries amid TR-3 delays, tamps down engine controversy — Breaking Defense
Lockheed Risks $400 Million Payment Delay Until It Shows New F-35 Software Works — Bloomberg
Software problems will cut F-35 deliveries this year, Lockheed says — Defense One
F-35 Supply Chain Stuck At 156 Goal Without Broad Investment — Aviation Week