- Lockheed Martin (LMT +2.4%) has announced that the investigation into the engine failure that has grounded the F-35 for almost a month is still ongoing, but is confident it will get resolved soon.
- "The safety investigation board is still undergoing the analysis," says CFO Bruce Tanner. "I don't believe we are quite at the root cause yet."
- Last week U.S. military officials lifted the flying restriction on the F-35, but limited what the plane could do.
at Zacks.com (Nov 18, 2014)