Lockheed Martin targets 80 % of the sixth generation capabilities in F -35 at half the cost after losing a NGAD decade against Boeing (NYSE: GD), Boeing (NYSE: BA)

Lockheed Martin Company LMT CEO Jim Taiklet An ambitious plan to strengthen the F-35 Fighter plane after the company lost the NGAD program (NGAD) on the next generation (NGAD) Boeing Company Ba.

What happened: During the call of Lockheed’s profits in the first quarter of 2025 on Tuesday, Taiclet said that he challenged his team to provide “80 % of the sixth general’s capacity by 50 % of the cost” by applying the technologies developed on NGAD’s offer to the current F-35 platform.

“We are progressing and moving to the application of all the technologies that we have developed in our NGAD offer on our compact base from F-35 and F-22,” said Taiclet, describing his vision as “the concept of the fifth generation plus” for F-35.

Aerospace GINT recorded strong results in the first quarter with $ 7.28, and won the estimates of analysts by $ 0.97, and revenues of $ 17.96 billion, an increase of 4.47 % on an annual basis.

Lockheed maintained its instructions despite the challenges of the collective tariffs and NGAD, as it was offered to 73.75-74.75 billion dollars of revenues and 27.00-27.30 dollars in profits per share. The company has returned to $ 1.5 billion to shareholders through profits and exchanges of repurchase during the quarter.

See also: Larry Samarz warns the discounts in the Tax Authority from Trump that the Americans cost $ 1 trillion over a period of 10 years, and it is called a strategy of “incompetence of raw raw”.

Why do it matterThe March F-47 Contract Award for Boeing is a major setback for Lockheed, as Reuters reported that the deal may be worth hundreds of billions of dollars over its multiple life. After that, Lockheed’s cancellation of the ghost fighter based on the next generation of the next generation.

Despite these challenges, Taiclet stressed the ongoing importance of F-35. With the delivery of about 1,100 aircraft already and an expected global fleet of more than 3500, F-35 as “Corterbbe” in future air fighting operations.

“We believe that we can get most of the road to the sixth general at half -cost,” said Ticellet.

The company also highlighted the last 10 billion dollar victories of missile systems, including micro -strike missiles, Thaad and Jassm/LRASM.

PriceLockheed Martin’s shares closed at $ 462.08 on Tuesday, an increase of 0.82 % for this day. In the pre -market trade, the stock increased by an additional 0.85 % at $ 466.00. A year until now, however, the arrow decreased 4.18 %.

LMT Trails Key US Vers –Northrop Grouman Nocand Raytheon techniques RTXand General dynamics GDAnd Boeing on the scale of momentum, where the arrow appears a negative direction of the medium to long term. However, according to Benzinga Edge sharesLMT still showcases a positive price in the short term. Subscribe to learn more.

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Disintegration: This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.