Lockheed Martin News

BloombergEllen Milligan

UK Audit Office Flags £71 Billion F-35 Programme Cost and Persistent Readiness Gaps

The UK’s National Audit Office warns that the through-life cost of its F-35 Lightning II fleet for the Royal Air Force and Royal Navy could exceed £70 billion, highlighting chronic availability shortfalls, technical delays—including a jet stuck in India—and carrier compatibility failures more than a decade into service.

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Lockheed Martin News Timeline

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Our Lockheed Martin coverage tracks the latest endeavors and achievements of one of the world's foremost aerospace, defense, security, and advanced technologies companies. With detailed reporting on their innovative projects, strategic partnerships, and key role in defense and space exploration, we provide a critical lens on Lockheed Martin's impact on global defense and technological advancement.