Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    50,485.29
    -1,035.99 (-2.01%)
     

  • CMC Crypto 200

    1,304.48
    -92.06 (-6.59%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     

Lockheed wins $1.17 billion deal for early work on more F-35 jets

Reuters
A Lockheed Martin F-35 Lightning II fighter jet is seen in its hanger at Patuxent River Naval Air Station in Maryland October 28, 2015. REUTERS/Gary Cameron - RTX1TOPP

WASHINGTON (Reuters) - Lockheed Martin Corp (LMT.N) has won a contract worth $1.17 billion to buy titanium and other materials needed to build an 11th batch of F-35 fighter jets, the Pentagon said on Monday.

The contract covers 80 F-35A aircraft to be built for the U.S. military and key allies, 7 F-35 B-model jets to be built for the U.S. Marine Corps and Britain, and 4 F-35 carrier-variant jets for the U.S. Navy, the Defense Department said in its daily digest of major arms contracts.

(Reporting by Andrea Shalal; Editing by Chris Reese)