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Pentagon to focus on Rockwell-Elbit helmet for F-35 -sources

Reuters - UK Focus

WASHINGTON, Oct (KOSDAQ: 039200.KQ - news) 10 (Reuters) - The Pentagon has decided to halt work on an alternate helmet being developed for the F-35 fighter jet by Britain's BAE Systems Plc (Other OTC: BAESF - news) , and focus exclusively on the main helmet built by Rockwell Collins Inc (NYSE: COL - news) and Israel (Other OTC: IRLCF - news) 's Elbit Systems Ltd (Stuttgart: 904218 - news) , according to sources familiar with the decision.

The move will save the government about $45 million, said the sources, who were not authorized to speak publicly.

Lockheed Martin Corp is building three variants of the new fighter plane for the U.S. military and eight countries that helped fund its development.