DefenseNews

Lockheed feels financial pinch from F-35 upgrade, contract delays

Contract delays and software problems with the F-35 are costing Lockheed Martin hundreds of millions of dollars, and the company is trying to get the program back on track and start recouping its costs. (Senior Airman Edgar Grimaldo/U.S. Air Force) Lockheed Martin expects to strike a deal with the U.S. government by the end of the year to build the 18th and 19th lots of F-35 Joint Strike…
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