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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
03/22/201710:00:00First Light: Lockheed Martin-Built SBIRS Satellite Successfully...
03/21/201717:16:00Stronger Dollar May Crimp Lockheed's F-35 Production
03/21/201714:33:00Lockheed Martin CEO Discusses Growth Plans and International...
03/17/201716:22:39Proxy Statement (definitive) (def 14a)
03/16/201711:03:00Lockheed Martin to Deliver World Record-Setting 60kW Laser to...
03/16/201708:04:00Lockheed Martin Selected to Fight Cyber Crime for Department...
03/14/201710:07:00Lockheed Martin Canada Delivers High Fidelity Combat System Trainer...
03/14/201710:07:00Lockheed Martin Canada Delivers High Fidelity Combat System Trainer...
03/13/201709:07:00Lockheed Martin Upgrades Flying Intelligence Testbed
03/08/201719:18:00Sikorsky Offers Continued Support for Commercial Black Hawk Operators
03/08/201718:18:00Sikorsky Recognizes Coast Guard's Extraordinary Legacy of Helicopter...
03/08/201712:30:00Sikorsky Recognizes Helijet for 30 Years of Safe S-76 Flight...
03/08/201710:46:00Updated JASSM® Completes Important Lockheed Martin Flight Tests
03/08/201710:19:00Lockheed Martin Awarded Third Generation USAF Logistics Contract
03/07/201714:00:00Sikorsky Launches Safety Enhancement Program with PHI, Inc. and...
03/07/201709:00:00Sikorsky Announces Ab Initio Pilot Training with Bristow Group
03/06/201710:06:00New Images From Space Show Earth and Solar Storms Like Never...
03/03/201710:30:00Lockheed Martin Long Range Anti-Ship Missile Wins 2017 Aviation...
03/02/201711:29:00Correction to Steps Up Legal Challange Against Denmark Over Combat...
03/02/201709:39:00Lockheed Martin Introduces Paragon™ Direct Attack Munition

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