Lockeed CEO says F-35 may need “more time, more money” Posted on November 6, 2010 by alert5 Lockheed Martin CEO Robert Stevens confirmed that developing the F-35 may take longer and cost more to complete. Related posts (Automatically Generated): Lockheed Martin to halve Farnborough Air Show presence F-35 test schedule faces reshuffle due to problems with F-35B LM expects to finalized THAAD deal to UAE next year F-35’s projected cost up 65%, now at $382 billion LM will assume more risk on F-35 LM CEO: F-35B parts are failing faster than predicted