Advertisement
UK markets close in 2 hours 46 minutes

  • FTSE 100

    8,027.54
    +3.67 (+0.05%)
     

  • FTSE 250

    19,681.36
    +81.97 (+0.42%)
     

  • AIM

    753.01
    +3.83 (+0.51%)
     

  • GBP/EUR

    1.1611
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2389
    +0.0038 (+0.31%)
     

  • Bitcoin GBP

    53,279.29
    +28.84 (+0.05%)
     

  • CMC Crypto 200

    1,421.61
    +6.85 (+0.48%)
     

  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     

  • DOW

    38,239.98
    +253.58 (+0.67%)
     

  • CRUDE OIL

    81.12
    -0.78 (-0.95%)
     

  • GOLD FUTURES

    2,321.00
    -25.40 (-1.08%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • DAX

    18,025.72
    +164.92 (+0.92%)
     

  • CAC 40

    8,067.23
    +26.87 (+0.33%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Pentagon finalizes $7.8 bln in F-35 contracts with Lockheed

Reuters - UK Focus

WASHINGTON, Sept 27 (Reuters) - The Pentagon on Friday said it had finalized two contracts with Lockheed Martin Corp valued at $7.8 billion for 71 more F-35 fighter jets, citing what it called significant reductions in the cost of new radar-evading warplane.

The Defense Department said it signed a $4.4 billion contract for a sixth batch of 36 F-35 aircraft, with the average cost of the planes down 2.5 percent from the previous deal.

The two sides also signed a $3.4 billion contract for 35 aircraft in a seventh batch, which reflected a 6 percent drop in the average price from the fifth batch, it said in a statement.

The Pentagon said the cost of each F-35 conventional takeoff A-model jet would drop to $98 million in the seventh batch of jets, excluding the engine. The government buys the engines directly from Pratt & Whitney, a unit of United Technologies (NYSE: UTX - news) Corp, under a separate contract.