Lockheed Martin expects F-35 investigation to end soon

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

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.