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

|About: Lockheed Martin (LMT)|By:, SA News Editor

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.