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Lockheed Martin managed to disclose all the issues with its F-35 in one simple sentence

f35
f35

(America's F-35 y'all.Courtesy of Lockheed Martin)

Earlier this week, Lockheed Martin, the Pentagon's top weapons supplier and the manufacturer of America's most expensive weapons system, posted quarterly results that were better than expected.

Lockheed Martin, which is considered a bellwether for the US defense sector, has faced no shortage of issues with the now nearly $400 billion F-35 Lightning II stealth fighter jet.

In the company's latest 10-K filed with the SEC, the world's largest defense contractor concisely addressed the troubled F-35.

Here's the simple disclosure from Lockheed Martin:

screen_shot_2016 07 21_at_4.03.29_pm
screen_shot_2016 07 21_at_4.03.29_pm

(Lockheed Martin)

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The F-35 is one of the most challenged weapons programs in the history of the US Department of Defense. Since its inception in 2001, the F-35 has experienced setbacks that include faulty ejection seats, software delays, helmet display issues, and an inability to dogfight.

NOW WATCH: America's $400 billion warplane has some major flaws



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