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The F-35 could be 'pilot optional' in the not-too-distant future, Lockheed Martin CEO says

1. Lockheed Martin plans uncrewed F-35 development, enhancing flexibility. 2. Improvements to F-35 and F-22 include next-gen stealth and electronic warfare upgrades. 3. US Air Force prioritizes uncrewed aircraft, potentially increasing demand for Lockheed's technology. 4. Lockheed aims for significant capabilities at lower costs compared to competitors. 5. F-35 program faces challenges but has delivered over 1,200 units globally.

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FAQ

Why Bullish?

Lockheed's advancements in F-35 tech could enhance market position and sales. Historical upgrades have led to stock price increases, as seen post-contract announcements.

How important is it?

The focus on uncrewed capabilities aligns with military trends, presenting strong future growth opportunities for Lockheed. Significant contracts depend on successful F-35 upgrades.

Why Long Term?

The integration of uncrewed capabilities will mature over several years, providing sustained demand for years to come. Similar patterns were observed during previous tech evolutions, like stealth improvements.

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