Lockheed Martin hits 2019 F-35 delivery target of 131 jets

The world's largest defense contractor delivered a total of 134 of the stealthy jets this year and aims to deliver 141 F-35s in 2020. The F-35 program, which makes up about 25% of Lockheed's annual revenue, has long aimed at expanding the fleet to more than 3,000 jets and bringing the unit price of the F-35A below $80 million through efficiencies gained by bulk orders. Earlier this year, Pentagon announced pricing details for its agreement with Lockheed that lowers the cost of the F-35 jets it plans to purchase through 2022 by 12.7%, which may encourage other nations to buy the warplane.

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