Key Issues USAF depot plan LSM design FLRAA program schedule
The chief financial officer of Lockheed Martin said this week the company benefited from congressional additions to the fiscal year 2021 budget and will be watching the FY-22 process.
Speaking at a virtual UBS conference, Ken Possenriede noted Lockheed "got an additional 17 F-35s" out of the FY-21 appropriations process. The company also saw nine C-130Js added that year, he said.
"Will history repeat itself?" he asked.
"The process may change a little bit, but I do think . . . there will be a demand for some of our portfolio," Possenriede told analysts. "Not sure I know what that will be at this time, but it would not surprise me to see, based on this budget, there will be congressional adds."