UPDATE 1-Lockheed Martin may top Boeing in race to supply Canada jets -experts [Reuters]
Lockheed Martin Corporation (LMT)
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Source: Reuters
Lockheed Martin may top Boeing in race to supply Canada jets: experts | Reuters 4 Min Read OTTAWA (Reuters) - Canada’s decision to make it harder for Boeing Co ( BA.N ) to win a major jet order hands rival plane maker Lockheed Martin Corp ( LMT.N ) an advantage in capturing the contract, defense experts said on Wednesday. That would mark a reversal in Lockheed’s fortunes after Liberal leader Justin Trudeau campaigned in 2015 on a promise not to buy the firm’s F-35 stealth fighter. Trudeau’s government on Tuesday scrapped plans to buy 18 Boeing Super Hornets and made clear the company would not win a contract for 88 jets unless it dropped a trade challenge against Canadian planemaker Bombardier Inc ( BBDb.TO ). Government officials estimate the cost of the jets at between C$15 billion ($11.7 billion) and C$19 billion and say it is the biggest investment in the air force in 30 years. Last week Boeing issued a statement making clear it would not back down in its fight against Bomba
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LMT
Earnings
- 1/23/24 - Beat
LMT
Sec Filings
- 3/25/24 - Form DEFR14A
- 3/15/24 - Form ARS
- 3/15/24 - Form DEFA14A
- LMT's page on the SEC website