The Lockheed Martin F-35 Lightning II continues to dominate the global fighter jet market through its high production rates and relatively low per-unit costs. The F-35, which is considered the most advanced fighter jet currently in service, has seen more than 1,200 units delivered as of 2025, surpassing the output of all other non-Chinese fighter jets combined.
Production numbers for the F-35 are notably higher than its competitors. In 2024, Lockheed Martin delivered 110 F-35s, and it aims to deliver between 170 and 190 units in 2025. This output includes all three variants: the conventional F-35A, the short takeoff and vertical landing F-35B, and the carrier-capable F-35C. Some units are assembled in Japan and Italy. In contrast, French manufacturer Dassault delivered 21 Rafales in 2024, and Boeing delivered just 14 F-15s and 11 F/A-18 Super Hornets in the same year. The production line for the F/A-18 is scheduled to close in 2027 due to a lack of further orders.
Lockheed Martin’s high output has resulted in lower flyaway costs for each aircraft. The company recently finalized a deal with the US government for production Lots 18 and 19, covering 296 jets at a total value of $24.29 billion. This places the average cost per jet at $82.4 million. According to F-35.com, previous lots saw average fly-away costs of $82.5 million for the F-35A, $109 million for the F-35B, and $102.1 million for the F-35C. These prices are competitive with or lower than other advanced Western fighters such as the F-15EX, Rafale, and Eurofighter Typhoon.