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Pentagon says will sign F-35 deal with Lockheed
Source: Reuters
Pentagon says will sign F-35 deal with Lockheed
WASHINGTON | Wed Dec 12, 2012 11:01am EST
(Reuters) - The U.S. Defense Department said it will sign a contract with Lockheed Martin Corp on Friday for a fifth group of F-35 Joint Strike Fighter jets, a long-awaited deal that moves forward the most costly weapons program in U.S. history.
The Pentagon also said it expects to reach an agreement soon with Lockheed on early funding for a sixth group of F-35s, a step that could help reduce a potential $1.1 billion liability the weapons maker faced from work it had already done on the jets without a signed contract.
(Reporting by Andrea Shalal-Esa; Editing by Jeffrey Benkoe)
WASHINGTON | Wed Dec 12, 2012 11:01am EST
(Reuters) - The U.S. Defense Department said it will sign a contract with Lockheed Martin Corp on Friday for a fifth group of F-35 Joint Strike Fighter jets, a long-awaited deal that moves forward the most costly weapons program in U.S. history.
The Pentagon also said it expects to reach an agreement soon with Lockheed on early funding for a sixth group of F-35s, a step that could help reduce a potential $1.1 billion liability the weapons maker faced from work it had already done on the jets without a signed contract.
(Reporting by Andrea Shalal-Esa; Editing by Jeffrey Benkoe)
http://www.reuters.com/article/2012/12/12/us-lockheed-f-idUSBRE8BB11R20121212
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