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Stock impact report

Canada must weigh risk Trump blocks software upgrades for F-35s: official [Globe and Mail, The (Toronto, Canada)]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Log in or create a free account to listen to this article. Ottawa needs to consider the risk that U.S.-made F-35 fighters could be denied software upgrades if President Donald Trump is upset at Canada, a former senior federal procurement official says. The federal government has announced it is reviewing a multibillion-dollar agreement to buy the Lockheed Martin warplane as a bitter trade war with the United States deepens. Earlier this week, Prime Minister Mark Carney said Canada is weighing trimming its F-35 purchase plans to buy an alternative aircraft that is more cost-effective and could deliver additional industrial benefits to this country instead of sending more dollars to the United States. Alan Williams, who once served as assistant deputy minister of material at the Department of National Defence and before that as assistant deputy minister of supply operations service at the Department of Public Works, welcomed Ottawa’s decision to review its F-35 purchase. In 2023, Ca Show less Read more
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