Lockheed Martin expects another F-35 contract

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

Lockheed Martin (LMT) expects to sign a contract with the U.S. government this summer for an eighth batch of F-35 fighter jets.

The previous three F-35 contracts were reduced by 4-5% due to the large quantity of the order, although Lockheed Martin does not expect to give any reductions for this agreement, as it is for only 43 jets.

The deal could be signed before the end of June.