Lockheed Martin Reaches Deal With Pentagon on Equipment for Jets Sold to Israel -Reuters

Date : 07/26/2012 @ 5:42PM
Source : Dow Jones News
Stock : Lockheed Martin Corp. (LMT)
Quote : 271.14  0.79 (0.29%) @ 4:02PM

Lockheed Martin Reaches Deal With Pentagon on Equipment for Jets Sold to Israel -Reuters

Lockheed Martin (NYSE:LMT)
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The Pentagon and Lockheed Martin Corp. (LMT) have reached an agreement to enhance the electronic warfare equipment on F-35 fighter jets being sold to Israel, and to utilize Israeli-unique systems, Reuters reported Thursday, citing "sources familiar with the negotiations."

According to the report, the deal is to be finalized in the coming weeks.

The agreement marks a step forward for Israel's $2.75 billion deal, signed in October 2010, to purchase 19 F-35 jets.

The agreement will allow Israeli companies, including Elbit Systems Ltd. (ESLT, ESLT.TV) and the state-owned company Israel Aerospace Industries, to participate further in the program, Reuters said.

Full story at http://www.reuters.com/article/2012/07/26/us-lockheed-fighter-israel-idUSBRE86P1JY20120726?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29

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