APRIL 24, 2026 AT 05:29 PM
The US Air Force and Navy plan to increase purchases of Lockheed Martin's (LMT) F-35 fighter jet over five years, despite criticism from Elon Musk and others that the aircraft is becoming obsolete, Bloomberg reports
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SectionUS Equities
- Air Force procurement would rise from 38 jets in FY27 to 42 in FY28, 46 in FY29, and 48 in both FY30 and FY31
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via Bloomberg