CLAIM #37707 · Lockheed Martin Corporation (LMT) · 2025Q2 earnings call · Jul 22, 2025 · due Dec 31, 2025
“We also remain on track for 170 to 190 deliveries this year 2025.”
James Taiclet · CEO
In context
“This test marked the first launch of CPS using the Navy's cold gas launch approach that will be used in sea-based hypersonic field. Further, the US Coast Guard in its budget included additional MH-60 Romeo's new ships with Lockheed Martin C2 systems, and C-130J. And more recently in July, we reached a price agreement with the US Navy on a five-year multiyear procurement for CH-53K lots nine through 13 and that'll be for a minimum of 85 aircraft. The award is targeted for late in the third quarter with initial deliveries commencing in 2020 now. So before I hand it over to Evan, I'd like to provide an update on the status of the F-35 program. We delivered 50 aircraft in the quarter, bringing our total F-35 deliveries to 97 so far this year. And at 207 since we resumed deliveries last year. We also remain on track for 170 to 190 deliveries this year 2025. We have completed TR-3 hardware integration. Earlier this month, we released new software to the fleet continuing our maturation and fielding of advanced block four capabilities. This update improves the pilot interface, and provides additional weapons and electronic warfare features. We're also continuing to see strong international demand for the F-35. The UK announced its plan to procure 12 F-35A's as part of program of record. Belgium also announced that we'll be adding 11 aircraft to their fleet. And government officials from Denmark have expressed their intent to procure additional aircraft as well. Finally, I want to take a moment to commend the DOD's recently announced investment in rare earth mining and magnet production right here in The United States. Led by Deputy Defense Secr”
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SEC filings for LMT ↗ · Claim quote is verbatim from the 2025Q2 earnings call.