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8.74125874127067E-05 8.74125874127067E-05 -0.00152097902097903 -0.00143356643356632 0.000751748251748363 0.000874125874125874 0.00227272727272739 0.00106643356643359
Stock impact report

Why Lockheed Martin's $2 trillion F-35 program is so expensive [Business Insider]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Lockheed Martin's F-35 program is estimated to cost more than $2 trillion over its lifetime. Most F-35 costs come from sustainment, with 75% of expenses due to maintenance and repairs. Lawmakers push for repair rights as Lockheed Martin controls key F-35 maintenance elements. AI-generated summary Summaries are generated by an AI model trained on Business Insider's articles. AI may make mistakes or provide inaccurate/incomplete information. We're unable to load that answer right now. Please try again. What drives the F-35's high sustainment cost? What is the impact of high F-35 costs on allies? How do F-35 costs compare to other jets? How does Lockheed Martin control F-35 repairs? Why are repair rights important for the F-35? Lockheed Martin's F-35 stealth fighter is one of the most advanced aircraft ever built — and the most expensive, given how many the US military plans to buy. Loading audio narration... By its scale and state-of-the-art technology, it sho Show less Read more
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