The F-35’s critical Block 4 upgrade package is now five years behind schedule, expected in 2031, and $6 billion over budget, ...

After losing the 6th-generation F-47 NGAD contract to Boeing, Lockheed Martin is not protesting. Instead, CEO Jim Taiclet is ...

The win comes after Lockheed Martin in July cleared its backlog of F-35s stored in long-term parking due to software problems ...

A flight of F-35s slips into Iranian airspace in the dead of night, the stealth fighters going undetected by air defenses.

The U.S. Air Force plans to phase out older F-35s instead of upgrading them to the Block 4 standard as it aspires to ...

Every F-35 delivered to the U.S. military last year by Lockheed Martin was behind schedule by an average of seven months, a government watchdog found, but contractors kept millions in “incentive fees” ...

PARIS—Lockheed Martin says it has completed work on a long-delayed upgrade for the F-35, known at Technology Refresh 3, but the company is still awaiting formal approval from the government. “What we ...

The cost of the Pentagon’s modernization program for the F-35 Lightning II fighter jet is more than $6 billion over original estimates, with the date of completion now five years later than the ...

Ottawa says the review continues as federal bureaucrats examine the plans and consider the military's needs, despite the ...

A total of 72 aircraft were parked at Lockheed Martin’s facilities after the Technology Refresh 3 experienced severe glitches, following which the Pentagon halted deliveries in July 2023. Lockheed ...

FARNBOROUGH, England (Reuters) - The U.S. Defense Department on Monday extended by two years a project that has cut the cost of Lockheed Martin Corp's F-35 fighter plane by more than $1 million per ...