Lockheed Martin (LMT +0.6%) slips off its highs in afternoon trading on news that the Pentagon...

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

Lockheed Martin (LMT +0.6%) slips off its highs in afternoon trading on news that the Pentagon has suspended flights of all F-35 fighter planes, following a routine inspection in California that found a cracked turbine blade in one of the jets. Although it's not yet been determined whether the problem is a fleet-wide issue, all flights are being curtailed until the extent of the problem is reached.