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Minister: Italy To Order Fewer F-35 Fighter Jets - Report

ROME -(Dow Jones)- Italy will buy fewer F-35 fighter jets than initially planned, the country's defense minister said Wednesday, La Repubblica reports on its website. Italy had planned to order 131 of the joint strike fighters, but will now purchase 90, Defense Minister Giampaolo Di Paola told the joint parliamentary defense committees, the paper reports. He also outlined a plan to "improve operational efficacy" by cutting Italy's armed forces by 43,000, or almost a quarter, over the next five or six years. The U.K. has also signaled it may downsize its order of the F-35 plane made by Lockheed Martin Corp. (LMT). -Rome Bureau, Dow Jones Newswires; +39 06 6976 6920

Stock News for Lockheed Martin (LMT)
DateTimeHeadline
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04/27/201509:00:00$80 Million Training Contracts Awarded to Lockheed Martin
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04/22/201515:29:22Quarterly Report (10-q)
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04/21/201514:27:21Lockheed Martin Sets Sights on Bombers, Buybacks -- Update
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04/21/201509:00:13Lockheed Martin Profit Falls 5.9%
04/21/201508:54:11Lockheed Martin Profit Falls 5.9%; Raises Earnings Guidance
04/21/201507:33:08Current Report Filing (8-k)
04/21/201507:25:00Lockheed Martin Reports First Quarter 2015 Results
04/19/201511:13:03You Get a Hellfire Missile, and You Get a Hellfire Missile! Everybody...

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