Lockheed Martin (LMT) expects the profit from a new contract to build 32 F-35 planes to be in...

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

Lockheed Martin (LMT) expects the profit from a new contract to build 32 F-35 planes to be in the high single digits vs the 4% it earned during the past decade. The profit increase will come despite the average price of each aircraft falling by 4%. LMT signed the deal on Friday following a year of tense negotiations