WASHINGTON (Reuters) - Lockheed Martin Corp , the Pentagon's top supplier by sales, began using temporary workers on Thursday in place of striking employees at its plant in Fort Worth, Texas, to help meet scheduled deliveries of F-16 and F-35 fighter jets. Fewer than 10 temporary workers, hired through a contractor, were brought in to supplement the "contingency work force" that includes managers, said Lockheed spokesman Joe Stout. Another 50 to 60 temporary workers will be added on Tuesday, and the company will bring in more as needed, Stout said in an email. ...
NEW DELHI: US arms giant Lockheed Martin sees a $15-billion export potential for a new generation of 'Made in India' F16 fighter jets, with a top executive telling ET that a proposal to make India the sole producer of the aircraft has been shared with the government. The proposal, backed by the US government, is among at least four similar applications by global aviation leaders to set up a fighter jet line in India to cater for the requirements of the Indian Air Force (IAF). The defence ministry is currently evaluating the proposals.
WASHINGTON (Reuters) - Lockheed Martin Corp , the Pentagon's top supplier by sales, began using temporary workers on Thursday in place of striking employees at its plant in Fort Worth, Texas, to help meet scheduled deliveries of F-16 and F-35 fighter jets.
Lockheed Martin Corporation (NYSE:LMT) will deliver 14 more F-35 fighter jets to Israel for $2.82 billion. This fresh arrangement also contains an option of ordering 17 more jets fighters. Each of these planes will cost the Israeli government about $110 million.
Lockheed Martin Corporation (LMT) has announced a deal with the Republic of Korea for 40 F-35 Lightning II fighter jets. The deal is valued at nearly $7 billion and is expected to be finalized sometime in the latter half of the year.