Lockheed feels financial pinch from F-35 upgrade, contract delays

Lockheed feels financial pinch from F-35 upgrade, contract delays

Lockheed Martin aims to finalize a deal with the U.S. government for the 18th and 19th lots of F-35 Joint Strike Fighters, facing financial losses due to delays and withheld payments. The company is working to recover from setbacks in jet delivery caused by technical issues.

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