Thursday, November 24, 2011

Lockheed Martin (NYSE:LMT) Completes F-35 Assembly

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tdp2664 E money daily Lockheed Martin (NYSE:LMT) has completed the assembly of its first F-35 fighter for Britain. Lockheed Martin (NYSE:LMT) Completes F-35 Assembly The US defense contractor Lockheed Martin (NYSE:LMT) has completed the assembly of its F-35 fighter for its first international customer – Britain. The fighter, code named BK-1, is a takeoff/vertical landing joint strike fighter. The company will conduct functional fuel system checks, ground tests and flights tests before its delivery to the UK Ministry of Defense. Lockheed Martin (NYSE:LMT)'s F-35 executive vice president Tom Burbage said, "This first F-35 for the first international programme partner is symbolic of the proud partnership we share with the United Kingdom. Working together in a spirit of collaboration, we are providing the men and women of the Royal Air Force and Royal Navy with unmatched 5th Generation capabilities, while delivering advanced technology sector jobs to the U.K". Lockheed Martin (NYSE:LMT) shares are currently standing at 73.95. Price History Last Price: 73.95 52 Week Low / High: 66.36 / 82.43 50 Day Moving Average: 75.3 6 Month Price Change %: -5.8% 12 Month Price Change %: 8.2%



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