Lockheed Martin (NYSE:LMT)
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2 Months : From May 2019 to Jul 2019
--A Pentagon official said a "handshake" agreement with Lockheed Martin Co. (LMT) will cut the per jet price on the latest order of F-35A fighters, Reuters reports Monday.
--Under Secretary of Defense Ellen Lord said the agreement will lower the cost of each aircraft to $81.35 million, the report said.
--The price of the jets will drop below $80 million in subsequent years, the report said.
Full story: https://www.reuters.com/article/us-usa-defense-f35/pentagon-gets-8-8-discount-in-34-billion-f-35-jet-deal-idUSKCN1TB27T?il=0
--Write to Stephen Nakrosis at email@example.com
(END) Dow Jones Newswires
June 10, 2019 15:49 ET (19:49 GMT)
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