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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
01/20/201720:33:00Now We're Talking: SBIRS Missile Warning Satellite Responding...
01/19/201722:16:00U.S. Air Force Missile-Tracking Satellite Launch Scrubbed From...
01/19/201710:41:00Work Begins in Palo Alto on NASA's Dark Energy Hunter
01/17/201711:30:00U.S. Air Force, Lockheed Martin Prepare for Jan. 19 Launch of...
01/17/201709:05:00Lockheed Martin Announces Fourth Quarter And Full Year 2016 Earnings...
01/13/201715:35:00Lockheed Martin 'Close' To New F-35 Deal
01/13/201712:58:00Lockheed Martin CEO Meeting Donald Trump in New York
01/12/201710:53:00Lockheed Martin Facing Twin Pressures on F-35 Price
01/11/201714:27:00Sikorsky Awarded DARPA ALIAS Phase 3 Contract to Increase Aircraft...
01/11/201713:22:00Sikorsky - PZL Mielec Plans Caribbean and Latin American Tour...
01/10/201720:26:00In Donald Trump's Washington, Business Lobbyists Champ at the...
01/10/201713:30:00Last Look Before Lift-Off: SBIRS GEO Flight 3 Encapsulated for...
01/10/201712:49:00Sikorsky Orders Safety Checks on Choppers
01/10/201706:00:00Trump Win Puts Range of Business Interests Back in Play
01/07/201712:45:00Lockheed Martin Names High-School Defensive Back of the Year
01/05/201712:16:00Lockheed Martin to Build NASA's Lucy Spacecraft, a Mission to...
01/05/201705:59:00Defense Firms Cash In Amid Soaring Demand for Munitions
01/04/201716:12:02Statement of Changes in Beneficial Ownership (4)
01/04/201707:00:00Executives of CLEAResult, First Solar, Lockheed Martin Energy...
12/23/201614:02:00Donald Trump's Tweet Sets Up Jet Dogfight--4th Update

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