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Stock impact report

F-35 program powers innovation and skilled jobs in Canadian aerospace [Globe and Mail, The (Toronto, Canada)]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
The F-35 is often described as one of the most advanced fighter jets in the world, but in Canada, the program's influence extends to the local manufacturing plants, engineering labs and research partnerships that support it. For more than two decades, participation in the program has helped Canadian aerospace companies secure long-term work, adopt sophisticated production techniques and build capabilities that position them for future defence and commercial opportunities. Magellan Aerospace is one of the most striking examples of the F-35 program's impact. The company began delivering parts in 2003, when the program was still in its early production stages, and has since grown into one of its most established suppliers. “Presently, Magellan produces numerous products and assemblies for all three variants of the F-35 aircraft, and for many products, Magellan is the sole source,” says Don Boitson, vice president of North American operations. Today, Magellan provides several of Show less Read more
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