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CLAIM #37749 · Lockheed Martin Corporation (LMT) · 2025Q3 earnings call · Oct 21, 2025 · due Dec 31, 2026

And so given, presuming that the strong advocacy we've seen from lawmakers and the focus on their superiority from the administration, that gives us confidence in maintaining the 156 a year rate.

Evan Scott · CFO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: F-35 annual aircraft delivery rate

It came true if: Annual F-35 deliveries approximately 156 units (within 145-165 range)

Where: Company-disclosed F-35 delivery figures (quarterly earnings release / 10-K segment data)

In context

any of that headwind in 2027 with growth in operational cash. Operator: The next question comes from Pete Skibitski with Alembic. Your line is open. Pete Skibitski: Jim and Evan, obviously, F-35 visibility is improved now, I would think. At least through the midterm with the 2018 and 2019 definitization and the air vehicle sustainment contract. Could you kind of tie it up for us in terms of the growth outlook on that program and any margin opportunities? And but also the remaining risk on the Block IV development effort and how that might impact Dynamics? Evan Scott: Sure, I'll start. So we ended the third quarter with a backlog of two sixty five jets, and that's before adding the extra 151 that came in the first week of Q4. So we have seen strong support domestically and internationally. And so given, presuming that the strong advocacy we've seen from lawmakers and the focus on their superiority from the administration, that gives us confidence in maintaining the 156 a year rate. In terms of growth for the program, the largest growth driver will be sustainment. As we stand up new capabilities and deliver more jets. So that will pace overall F-35 growth on a percentage basis. We also see some margin opportunity across F-35 as we really hit a good groove on production. And that will continue to translate into operational results. And our top priorities are delivering out this year with a guidance of more like 1.75 to 1.9 and a big focus on completing Block IV development. James Taiclet: Yeah, and with block four, Pete, can speak to that, it's Jim here. In that we have with the incoming administration the highest level of collaboration and cooperation between government, Lockheed Martin Corporation is the prime contractor on the air vehicle and our supplier partners,

Verify independently

SEC filings for LMT · Claim quote is verbatim from the 2025Q3 earnings call.