Lockheed Martin delivers 110 F-35 fighter jets in 2024

(Reuters) - Lockheed Martin delivered a total of 110 F-35 fighter jets to the United States and its allies in 2024, the Bethesda, Maryland-based defense contractor said in a statement on Wednesday.

The delivery total achieves the higher end of the range of 75 to 110 jet deliveries CEO Jim Taiclet gave in an earnings call last summer.

Lockheed lifted its sales target in July after the Pentagon resumed taking F-35 deliveries following a months-long pause on delays on its software upgrade. Lockheed has been upgrading the jets under the Technology Refresh 3, or TR-3 program, which gives the F-35 better displays and processing power.

Lockheed's F-35 program contributes around 30% of the company's revenue.

"Lockheed Martin is fully committed to advancing and delivering unmatched air dominance solutions to the United States and our allies, helping to ensure America continues to own the skies," the company said in a statement.

(Reporting by Ryan Patrick Jones and Mike Stone; editing by Diane Craft)

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