Marillyn Hewson
Lockheed to move F-35 jet parts sourcing to US from Turkey
Lockheed Martin Corp said on Tuesday it was working to establish alternate supply sources for F-35 parts in the United States after the Pentagon decided last week to remove Turkey from the fighter jet program.
On a post-earnings call, Lockheed's chief executive officer said the company would be able to remove Turkey from its manufacturing supply chain by March 2020.
Lockheed CEO meets Trump; vows to create thousands of jobs
The chief of U.S. aerospace giant Lockheed Martin met on Jan. 13 with Donald Trump, promising to create thousands of jobs and bring down costs of the stealth fighter the president-elect lambasted.
Trump last month slammed Lockheed in one of his customary Twitter attacks for the "out of control" costs of the F-35 fighter jet, sending the company's share price plunging.
Erdo?an calls on US businesses to invest in Turkey
Turkish President Recep Tayyip Erdo?an has called on U.S. businesses not to hesitate in investing in Turkey.
"I am inviting you from this platform to invest more in Turkey," Erdo?an said March 30, noting Turkish entrepreneurs' concerns about investing in the U.S. that are related to legislative differences, competitive environment and geographical distance.
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Lockheed CEO says Poland, Turkey interested in MEADS missile defense system
Lockheed Martin Chief Executive Marillyn Hewson said Poland and Turkey were interested in the company's MEADS missile defense system, which has already been selected by Germany.
Lockheed to buy Sikorsky for $9 billion
Lockheed Martin Corp said on July 20 it would buy Sikorsky Aircraft, the helicopter unit of United Technologies Corp, for $9 billion, and would review the possible sale or spinoff of $6 billion in other information technology and services businesses.
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