President Donald Trump is prepared to lift the ban on Turkey's access to F-35 fighter jets, signaling a potential shift in U.S. defense policy ahead of a NATO summit in Ankara. The ban, initially imposed by Trump himself, stemmed from concerns that providing the advanced aircraft to Turkey could compromise the stealth technology and allow Russia to gain intelligence.

This potential reversal could have significant implications for the global aerospace market and defense contractor Lockheed Martin, which manufactures the F-35. Turkey was a partner in the F-35 program and had placed orders for the jets before the ban. Restoring access would revive these substantial orders and reintegrate Turkey into the supply chain for the program.

Business leaders and investors will be watching closely for any formal announcement. The move could ease diplomatic tensions with Turkey, a NATO ally, and potentially stabilize supply chains for the $1.5 trillion F-35 program. However, lingering security concerns regarding Russian access to technology may still influence the final decision and the terms of any restored access.