Lockheed Martin promotes F-35 as economic ‘catalyst’ ahead of UK budget
Lockheed Martin expects all remaining Tranche 1 F-35Bs to be delivered by the end of 2025. (Photo: UK Crown Copyright)
Lockheed Martin has highlighted the strategic and economic importance of the F-35 within the UK, ahead of an informal showcase of its capabilities alongside other key partners in Team Lightning UK with government ministers and MPs.
The update from the US company came ahead of updated UK defence expenditure figures which will be expected to be published as part of the government’s budget announcement later this week. The UK’s governing Labour Party has committed to increasing defence spending to 2.5% of GDP, although defence spending cuts have been implied by ministers with no definitive timeline mapped out to achieve the 2.5% goal.
At present, Lockheed Martin claimed
Already have an account? Log in
Want to keep reading this article?
More from Air Warfare
-
France and UK to resume and upgrade Storm Shadow/SCALP production
The new ‘Entente Industrielle’ will work on a range of other projects to boost the UK economy and defence industry, including joint development on new high-tech frequency weapons and extended range air-to-air missiles.
-
US Navy acquires additional anti-submarine warfare kits for P-8A Poseidon aircraft
The contract modification, awarded to Boeing, is worth $61.2 million and will support the US Navy’s (USN's) evolution of its P-8 Poseidon aircraft as continued upgrades are made to boost its capabilities and lethality.
-
Union slams “self-sabotage” of UK government over Typhoon production
The UK Ministry of Defence remains resolute that the Typhoon sits at the heart of the country’s air defence capabilities and is focused on the aircraft’s potential export orders, despite its continued focus on F-35 procurement.