Canada reviews US fighter jet deal but alternatives look costly [Yahoo! Finance Canada]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance Canada
Liberal Prime Minister Mark Carney was sworn in on Friday and asked Defense Minister Bill Blair to probe whether there are better options. Canada's defense ministry says the contract remains in place and Ottawa had made a legal commitment of funds for the first 16 F-35 aircraft. "We are not cancelling the F-35 contract, but we need to do our homework given the changing environment," said Blair spokesperson Laurent de Casanove. He did not give a specific reason. U.S. President Donald Trump has slapped tariffs on Canada and mused about turning it into the 51st state. Philippe Lagasse, a professor at Ottawa's Carleton University who specializes in procurement, said buying 16 F-35s and then adding another jet would be expensive. "We'd also be looking at
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LMT
News
- Europe and Canada eyeing alternatives to American-made fighter jets. Here's why [Los Angeles Times (CA)]Los Angeles Times
- German Defence Firm Hensoldt Warns Europe Still Needs US [Barron's]Barrons
- Europe and Canada are eyeing alternatives to American-made fighter jets. Here's why [BNN Bloomberg (Canada)]BNN Bloomberg
- Work at Fortune [Fortune]Fortune
- Canada must weigh risk Trump blocks software upgrades for F-35s: official [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
LMT
Earnings
- 1/28/25 - Miss
LMT
Sec Filings
- 2/28/25 - Form 4
- 2/28/25 - Form 4
- 2/28/25 - Form 4
- LMT's page on the SEC website