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Business/Financial

Outlook For F-35 Growth Remains Bright, Hewson Says

By Cal Biesecker

Wednesday, May 27th, 2020

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Outlook For F-35 Growth Remains Bright, Hewson Says

Lockheed Martin Chairman, President and CEO Marillyn Hewson. Photo: Lockheed Martin

Over the next few years at least, Lockheed Martin [LMT] continues to expect to increase sales on its F-35 fighter program through growing production, development and sustainment activities, Lockheed Martin’s outgoing chief executive said on Wednesday. Production on the F-35 is set to ramp up to 170 aircraft in 2022, but new international orders could take that to over 180 fighters beyond that, Marillyn Hewson said during a discussion hosted by Bernstein aerospace and defense analyst Douglas Harned. “We have…

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