The inspector general’s report criticized Lockheed Martin’s systemic inability to meet contract requirements, as well as the F-35’s dismal readiness rate.

The reign of the Lightning II.

Lockheed Martin's F-35 production ramped up in 2025. Find out how many jets were delivered.

With small control surfaces and no thrust vectoring, the F-35 cannot change direction rapidly in close-range engagements. While hyper maneuverability has become a cornerstone of modern fighter jet ...

While Air Force F-35A and Navy F-35C fighters by Lockheed Martin were in the U.S. strike package against Venezuela on Jan. 3, a December Pentagon Inspector General (IG) report highlighted continuing ...

The MarketWatch News Department was not involved in the creation of this content. Strategic U.S. partnership delivers ruggedized, mission-critical technologies for global F-35 operations GRANTS PASS, ...

A batch of orders for the Fort Worth-assembled F-35 Lightning II fighter jet will take five years longer to fulfill as costs escalate $6 billion over original estimates, according to a new U.S.

The F-35’s performance was so impressive that Canada decided to buy the fifth-generation fighter despite a 2015 promise not to. A new report shows how the F-35 Lightning II stealth fighter jet ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Failure to meet three milestones in the F-35's development ...

Developing a next-generation fighter aircraft is a decades-long endeavor. The evolving nature of technological advancement and real-world needs means that a successful fighter will receive years of ...