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Lockheed fighter jet killing the competition

With international sales of its new F-35 fighter jet coming, Lockheed (NYSE: LMT) is maneuvering Boeing Co. (NYSE: BA) and Saab AB out of the hostile skies.

The program manager of this particular jet believes that there will be fewer prime manufacturers in the future. This won't impact lower-level suppliers substantially, though, as they will have an ample role with the F-35 and continue to service existing aircraft from other manufacturers. These suppliers contributed more than 70% of the work to the F-35.

Continue reading Lockheed fighter jet killing the competition

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Last updated: November 28, 2009: 09:26 AM

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