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US Increases Estimate For Lifetime Cost Of F-35 Fighter To $1.45 Trillion - Reuters

DOW JONES NEWSWIRES The U.S. government is projecting the total cost of the Lockheed Martin Corp. (LMT) F-35 Joint Strike Fighter program will be $1.45 trillion over the next 50-plus years, up from $1 trillion a year ago, Reuters reported late Thursday, citing a Pentagon document. The new costs will be sent to Congress on Thursday, the report said. Lockheed Martin declined comment, the report added. Full story: http://www.reuters.com/article/2012/03/29/us-lockheed-fighter-idUSBRE82S03L20120329?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29

Stock News for Lockheed Martin (LMT)
DateTimeHeadline
04/23/201408:06:04Kongsberg Gruppen Gets NOK160 Million F-35 Joint Strike Fighter...
04/23/201402:57:11Australia to Buy 58 F-35 Joint Strike Fighters
04/22/201417:30:11MARKET SNAPSHOT: U.S. Stocks Gain; S&P 500 Extends Streak To...
04/22/201417:22:59Lockheed Boosts 2014 Profit Guidance, Posts Gains in1st Quarter...
04/22/201414:38:17MARKET SNAPSHOT: U.S. Stocks Rise; Netflix Jumps On Results
04/17/201417:04:26Pentagon Official Criticizes Pratt & Whitney Over F-35 Costs
04/16/201415:01:22Lockheed Martin's F-35 Fighter to Make Overseas Airshow Debut...
03/28/201412:30:42Five Killed in Indian Air Force's Super Hercules Crash
03/26/201415:35:23Efforts to Cut F-35 Costs Hinge on Foreign Partners
03/24/201416:20:06Lockheed Says Overseas F-35 Sales Goal Intact
03/24/201405:09:15Lockheed Martin Says South Korea Selects F-35A Lightning II Aircraft
03/14/201418:00:33Lockheed CEO's Compensation More Than Doubled -- Update
03/14/201416:23:17Lockheed CEO's Compensation More Than Doubled
03/05/201420:34:37Senior Senate Democrats Prod Pentagon To Start Competing Satellite...
03/04/201418:21:28Pentagon Plans to Fund New Sikorsky Helicopter
03/04/201416:17:54Pentagon Eyes Boost for Aircraft, Missile Defense
03/04/201413:01:05As Pentagon Budget Shrinks, Spending Points to Future Priorities
02/28/201418:36:22India Hopes to Regain Top U.S. Aviation Safety Rating
02/21/201418:34:03Sikorsky to Cut 600 Jobs, Secures Turkey Deal
02/19/201417:59:03Germany's Decision to Cancel Eurofighter Jet Order Narrows Field...

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