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Lockheed goals to provide 169 F-35 fighter jets in 2022 By Reuters 

© Reuters. FILE PHOTO: A Lockheed Martin F-35 plane is seen on the ILA Air Present in Berlin, Germany, April 25, 2018. REUTERS/Axel Schmidt/File Picture/File Picture/File Picture

(Reuters) – Lockheed Martin Corp (NYSE:) goals to provide and ship about 169 F-35 fighter jets in 2022, the U.S. weapons maker mentioned on Wednesday at a convention hosted by brokerage Bernstein.

The corporate mentioned it expects the manufacturing price for the jets to finally plateau at about 175 plane per 12 months after 2022, primarily based on the demand by the USA authorities and associate nations.

Lockheed’s determination to enter full price manufacturing for the jets has been delayed because the COVID-19 pandemic disrupted operations at plane producers and their provide chains. The corporate is predicted to ship between 133 and 139 jets in 2021.

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