
Lockheed Martin [LMT] has cemented its plan for the Air Force’s T-X competition and will offer a modified version of the T-50 aircraft it produces with Korea Aerospace Industries (KAI) instead of a clean sheet design, company executives said Thursday.The company completed about 80 percent of detailed design work necessary for subsonic and supersonic training aircraft, but ultimately found it would not be able to meet the Air Force’s initial operational capability deadline of 2024 with a clean sheet plane,…