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Lockheed Martin Continues Search For F-35 Second Source Parts

Pat Host

Monday, June 9th, 2014

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Lockheed Martin Continues Search For F-35 Second Source Parts

The Marine Corps' short takeoff and vertical landing (STOVL) F-35B performs a vertical landing. Photo: Lockheed Martin.

F-35 prime contractor Lockheed Martin [LMT] will continue to look for second sources for parts to help lower risk of any one supplier having challenges, according to a key executive. Lockheed Martin Executive Vice President and General Manager for F-35 Lorraine Martin said Monday the second source search is a risk reduction plan in addition to an international participation plan that features a part from every F-35 international partner on every single jet. Martin said when the international partners signed…

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