financetom
Business
financetom
/
Business
/
US slashes in half its request for Lockheed's F-35 fighter jets, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US slashes in half its request for Lockheed's F-35 fighter jets, Bloomberg News reports
Jun 10, 2025 9:10 PM

June 11 (Reuters) - The Pentagon is scaling back in half

its request to Congress for Lockheed Martin's ( LMT ) F-35 jets,

Bloomberg on News reported on Tuesday.

A U.S. Defense Department procurement request document sent

to Capitol Hill this week asked for 24 of the planes, down from

48 that was forecast last year, the report said.

Reuters could not immediately verify the report. Lockheed

Martin ( LMT ) and the Department of Defense did not respond to requests

for comment outside regular business hours.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Premier Shares Jump After Fiscal Q1 Results Top Estimates
Update: Premier Shares Jump After Fiscal Q1 Results Top Estimates
Nov 8, 2024
12:34 PM EST, 11/05/2024 (MT Newswires) -- (Updates with stock movement in the headline and first paragraph) Premier (PINC) shares rose 11% in recent Tuesday trading after fiscal Q1 earnings beat estimates. Adjusted earnings in the three months ended Sept. 30 fell to $0.34 a share from $0.47 a year earlier, the company said Tuesday in a statement. Analysts polled...
Silicon Laboratories Recovery Slow, 2025 Outlook Positive, Stock Still Expensive, Morgan Stanley Says
Silicon Laboratories Recovery Slow, 2025 Outlook Positive, Stock Still Expensive, Morgan Stanley Says
Nov 8, 2024
12:37 PM EST, 11/05/2024 (MT Newswires) -- Silicon Laboratories ( SLAB ) revenue recovery from Q4 2023 lows has been slower than expected, and while next year's outlook is positive, the stock remains expensive, Morgan Stanley said in a note Tuesday. The demand for the company's products is recovering slower than expected, with only modest improvements in orders and no...
Artesian Resources Shares Rise After Q3 Results
Artesian Resources Shares Rise After Q3 Results
Nov 8, 2024
01:02 PM EST, 11/05/2024 (MT Newswires) -- Artesian Resources ( ARTNB ) shares were up more than 7% in recent Tuesday trading following its Q3 results. Late Monday, the company reported net income of $0.66 per diluted share, up from $0.49 a year earlier. One single analyst expected $0.61 in a Capital IQ poll. Operating revenue rose to $29.1 million...
Builders FirstSource Q3: EPS Beat, Revenue Drop, Housing Market Woes & More
Builders FirstSource Q3: EPS Beat, Revenue Drop, Housing Market Woes & More
Nov 8, 2024
Builders FirstSource, Inc. ( BLDR ) shares are trading higher on Tuesday. The company reported third-quarter adjusted earnings per share of $3.07, beating the street view of $2.98. Quarterly revenues of $4.23 billion (down 6.7%) missed the analyst consensus estimate of $4.45 billion. The company reported a 210 basis point drop in gross profit margin to 32.8%, largely due to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved