Pentagon Says Lockheed Martin Corp Meets Goal of Delivering Forty Five F-35 in 2015
Lockheed Martin Corp, the American aerospace, defense, advanced technologies company with global presence met its goal for t2015 by delivering forty five F-35 fighter jets to the government of the United States as well as the allies. According to a statement from the Pentagon on Monday, that's a twenty five percent increase from 2014 which brought the number of delivered jets to hundred and fifty four.
It paves way for Lockheed to receive most of the associated performance fees marking a landmark for the F-35 project which is worth $391 billion. It is the biggest, arms program by the Pentagon and is a preparation for a massive increase in production in years ahead.
Air Force Lieutenant General Chris Bogdan, who runs the F-35 program for the Pentagon said, "Meeting aircraft production goals is a critical stepping stone in demonstrating the program is ready for the expected significant production ramp up."
The Pentagon said on Monday that Lockheed had won a contract of $1.17 billion for purchasing titanium along with other materials which are required to build a batch of eleven F-
35 fighter jets.
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