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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
07/30/201510:00:00Lockheed Martin Successfully Tests Design Changes for Orion Spacecraft's...
07/29/201514:00:15Northrop, General Dynamics Beat Expectations
07/29/201510:34:00Lockheed Martin Launches Healthcare Technology Alliance
07/29/201509:40:07General Dynamics Lifts Outlook
07/29/201509:28:41General Dynamics Boosts Outlook
07/28/201505:20:09GKN Upgrades Aerospace Stakes With Fokker Buy
07/24/201510:03:00Lockheed Martin Receives $1.5 Billion Missile Interceptor Deal
07/24/201509:40:04Justice Department Investigating Sikorsky on Overbilling Claims
07/23/201509:08:00Lockheed Martin Receives Additional Electronic Warfare Contract...
07/22/201517:08:07Quarterly Report (10-q)
07/22/201508:30:00AEHF Low Cost Terminal Completes Information Assurance Critical...
07/22/201508:00:00Lockheed Martin Completes Sixth Open Mission Systems Flight
07/20/201520:11:13Lockheed Agrees to Buy Sikorsky For $9 Billion--6th Update
07/20/201510:08:37Lockheed Agrees to Buy Sikorsky For $9 Billion--6th Update
07/20/201509:09:35Lockheed Agrees to Buy Sikorsky For $9 Billion--5th Update
07/20/201509:04:54Current Report Filing (8-k)
07/20/201508:49:17Lockheed Agrees to Buy Sikorsky For $9 Billion--4th Update
07/20/201508:43:15Lockheed Agrees to Buy Sikorsky For $9 Billion--3rd Update
07/20/201508:32:34Lockheed Agrees to Buy Sikorsky For $9 Billion--2nd Update
07/20/201508:30:07Lockheed Agrees to Buy Sikorsky for $9 Billion

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