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Exclusive: Lockheed nears F-35 block buy deal worth more than $37 billion - sources

Reuters 

By Mike StoneREUTERS - U.S. weapons maker Lockheed Martin Corp is in the final stages of negotiating a deal worth more than $37 billion to sell a record 440 F-35 fighter jets to a group of 11 nations including the United States, two people familiar with the talks said. This would be the biggest deal yet for the stealthy F-35 jet as it is set to make its Paris Airshow debut this week. The sale represents a major shift in sales practices from annual purchases to more economic multi-year deals that lower the cost of each jet. The pricing of the jets was still not final, though the average ...

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First Published: Sun, June 18 2017. 22:15 IST
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