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Deal For Next F-35 Batch Imminent, Officials Say

DDN

Wednesday, July 21st, 2010

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By Marina Malenic LONDON--Pentagon and Lockheed Martin [LMT] officials expect to reach an agreement in the coming days on a fourth production lot of F-35 Joint Strike Fighter aircraft, several officials confirmed this week during the Farnborough Air Show outside London. The Defense Department's top arms buyer Ashton Carter told reporters that he is working to keep the program from incurring massive cost growth in the coming years, as predicted in independent cost estimates. "We cannot allow that to come…

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