2022 Preliminary Trends and Outlook

F-35 Deliveries & Revenue Trending $20 '20 - '26 CAGR Sustainment -6% $15 Development ~1% $10 Production Flat $5 $0 2020 2021E Deliveries 120 2022E 133-139 151-153 2023E 2024E 2025E 2026E 156 156 156 156 Forecasting ~1.5% Overall CAGR for F-35 Thru 2026 Chart 12 October 26, 2021

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