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Tuesday, December 17, 2013

Lockheed Looks To Push F-35 Production Rate

F-35 Lightning IILockheed Martin is considering all options to continue increasing the production rate of the multinational F-35, though officials are not yet to the point where they must draw on company funds to forward finance the manufacturing line.

“Anything and everything has been looked at,” says Lorraine Martin, executive vice president of the company’s F-35 program. “If [the production rate] doesn’t increase, that is going to be difficult. We have been flat for four years.”

Still, company officials expect to overtake their so-called fourth-generation competitors – including Boeing’s Super Hornet – in cost as early as 2019.

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