Hi allThis is from Fat Prophets"US defence company Lockheed...

Hi all

This is from Fat Prophets

"US defence company Lockheed Martin is getting close to agreeing a revised order from its biggest customer for some new planes.
The US government wants to buy another 1,763 F-35 fighter jets (the Joint Strike Fighter) which alone accounts for about 15% of the Air Force’s annual investment spending. The F-35 program is worth about $396 billion.
But the government wants a price cut so Lockheed’s new President and COO Marillyn Hewson will need to negotiate the terms of the deal with the in-coming government boss of the F-35 program, Major General Christopher Bogdan.
Hewson remains very positive about the contract which is likely to be signed before the end of the year. That would free up Ms Hewson to continue negotiations for the sixth batch of planes.
Lockheed Martin is the largest defense contractor to the US government."