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Company News

Lockheed Martin hits 2018 F-35 delivery target of 91 jets

WASHINGTON, Dec 20 (Reuters) - Lockheed Martin Corp said on Thursday it hit its 2018 target to deliver 91 F-35 fighter jets to the United States and its allies, as the defense contractor built 38 percent more jets this year.

The F-35 is key for Lockheed, accounting for about a quarter of its total revenue. During the third quarter, F-35 production volume as well as payments for maintenance increased in the quarter. (Reporting by Mike Stone Editing by Alistair Bell)

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