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CLAIM #37842 · Lockheed Martin Corporation (LMT) · 2026Q2 earnings call · Jul 23, 2026 · due Jul 23, 2027

We feel really confident that the $156 per year production rate will be sustained for quite some time.

James Taiclet · CEO

PENDING
graded after results covering Jul 23, 2027 are reported

How to check this claim

Look at: F-35 annual aircraft production/delivery rate

It came true if: Annual F-35 deliveries >= 140 aircraft (approximately sustaining the ~156/year rate) for at least one full year within the period

Where: Company-disclosed F-35 delivery figures (Lockheed Martin quarterly/annual reports, Aeronautics segment commentary)

In context

James Taiclet : I'll start off and maybe let Evan speak a little bit more about some of the individual programs, but just take the F-35, for example. This long-term demand for that aircraft both in the U.S. government and among our allies. It's the only in-production fifth-generation fighter in the free world, which means we have to keep building it, and there'll be demand for it as time goes on. If you just look at the Far East theater, the Paycom command area, the Chinese are building literally hundreds of F-35 type aircraft. I'd like to argue that they're not as capable, but they are building a high rate fifth-generation aircraft to apply to that theater at a pace which we hope to continue to stay competitive with, let me say. The intent of the Department of War in this budget cycle was 85 aircraft for the United States alone, the balance of the $156 million per year would be then allocated to our allies and partners overseas. Now Congress has to work with the administration to figure out how to budget and fund that. But that aircraft, whether it's this budget cycle, the next one, 5 years from now is going to be in high demand. We feel really confident that the $156 per year production rate will be sustained for quite some time. And the towing and flowing of the political budget cycles will not in the long or medium term or even in the short term, I think, really adversely affect what the country needs and what our allies need to defend themselves and sadly an increasingly sort of dangerous world. Evan, do you want to add to that?

Verify independently

SEC filings for LMT · Claim quote is verbatim from the 2026Q2 earnings call.