Lockheed Martin CEO targets 80% of sixth-generation fighter capability in upgraded F-35

Lockheed Martin chief executive Jim Taiclet proposed upgrading the F-35 toward approximately 80% of the capability of a newly designed sixth-generation fighter at roughly half its cost. Speaking during the company’s October 22, 2026, earnings call, he presented the figures as a development objective linked to future aircraft modernization and a potential ten-year production and sustainment framework. Lockheed Martin also discussed F-22 enhancements and its Vectis autonomous-aircraft initiative as related elements of its air-combat portfolio. The company did not specify the technologies, measurement method, implementation schedule or contractual approval required to achieve the stated F-35 performance target.