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Texas Federal Court Finds No ‘Irreparable Harm’ to F-35 Deliveries in Ongoing Titanium Price Dispute

Texas Federal Court Finds No ‘Irreparable Harm’ to F-35 Deliveries in Ongoing Titanium Price Dispute
U.S. Air Force Capt. Jonathon Gill, assistant to the director of operations for the 187th Operations Group of the Alabama Air National Guard, prepares an F-35A Lightning II for takeoff at the Vermont Air National Guard Base in South Burlington, Vt., on Dec. 14, 2023. The Air Force said that the Alabama Air National Guard teamed with the Vermont Air National Guard and borrowed two F-35s to continue training as the Alabama Air National Guard awaits the arrival of more F-35s (Air National Guard Photo)

A Texas federal judge ruled on Dec. 29 that Pittsburgh's Howmet Aerospace [HWM] likely broke its contract to supply titanium mill products to Lockheed Martin [LMT] for the F-35 fighter, but the judge found no "irreparable harm" to the F-35 and denied Lockheed Martin's request for a preliminary injunction to compel Howmet to deliver those titanium products at the negotiated lower, fixed price. Such products include titanium ingot, billet, sheet and plate. "Lockheed argued that it would suffer irreparable harm…

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