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Reports out of Japan tip off that Lockheed Martin (LMT +1.1%) will likely land a $8B order from...

  • Tuesday, December 13, 2011, 2:00 PM ET
    Reports out of Japan tip off that Lockheed Martin (LMT +1.1%) will likely land a $8B order from the government for F-35s to replace an older fleet of F-4 Phantom fighters due to the jets "overwhelmingly superior performance" and stealth capabilities over rival offerings from Boeing (BA +1.7%) and Eurofighter Typhoon. Sources say the deal could be confirmed as soon as Friday.
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