Skyrocketing Fighter Jet Market 2025: Tech Triumphs and Global Rivalries Fuel a New Arms Race
By late 2024, the F-35 Lightning II had surpassed 1,000 deliveries worldwide, fueling Lockheed Martin’s market dominance and its ubiquity across more than a dozen nations. Lockheed Martin continues F-16 production into a 50th year with new Block 70/72 variants exported to Slovakia and Bahrain. Boeing is delivering the F-15EX Eagle II to the U.S. Air Force, while the F/A-18E/F Super Hornet line ends in 2025 and India’s export bid remains pending. Dassault secured a 42-aircraft Rafale F4 tranche in 2023 to be delivered from 2027, with Indonesia also ordering 42 Rafales. Saab has 96 firm Gripen E/F orders (60