Lockheed sees 5% 2024 sales growth as CEO says DOGE is an “opportunity” for growth
Lockheed is confident it can sustain a production rate of up to 156 F-35 jets a year. (Photo: Lockheed Martin)
Lockeed Martin’s aeronautics sector saw $20 billion in orders, driven by its Lot 18 F-35 and US fiscal year F-35 sustainment contract wins.
Lockheed Martin’s recently released fourth quarter and full year financial results saw a net sales boost for the company, increasing by 5%, with a reported “record-year” backlog of US$176 billion. For its Aeronautics sector, Lockheed netted $20 billion in orders, driven by Lot 18 F-35 and fiscal year 2025 sustainment contract awards.
On its fixed-wing programmes, Lockheed reportedly delivered 62 F-35 aircraft in Q4, bringing its total number of deliveries to 110 – inclusive of aircraft that were parked and new jets off its production line.
The manufacturer also said it expected to deliver between 170 and 190 aircraft in
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
More from Air Warfare
-
![Eurosatory 2026: Wartime iteration gives Ukraine an edge as future UAV exporter]()
Eurosatory 2026: Wartime iteration gives Ukraine an edge as future UAV exporter
As industrial-scale drone production proves its battlefield worth in Ukraine, what happens to that production capacity and knowhow once the guns fall silent – and is Ukraine about to become one of the world’s most credible UAV export partners?
-
![Callen-Lenz pushes ahead with Nyan OWE as it hails operational success]()
Callen-Lenz pushes ahead with Nyan OWE as it hails operational success
The one-way-effector uncrewed aerial vehicle has also been tested by the British Army, following on from its contract award notice in February 2026.
-
![Eurosatory 2026: Locally produced loitering munition destined for UAE Navy, says MBDA]()
Eurosatory 2026: Locally produced loitering munition destined for UAE Navy, says MBDA
The contract signed between MBDA and Fly-R will see diamond-shaped loitering munitions developed and prepared in the UAE. How does this move fit into wider market trends in the region?
-
![Eurosatory 2026: MBDA and Thales look to civilian industry for loitering munition scale-up]()
Eurosatory 2026: MBDA and Thales look to civilian industry for loitering munition scale-up
Thales and MBDA have taken steps to ensure the mass production of their respective loitering munition offerings at Eurosatoy, teaming with civilian manufacturers. These moves come amid France’s push towards sovereign drone production and continued market expansion.
