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Lockheed Martin expects F-35 investigation to end soon

  • 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.
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