Lockheed Martin CEO: Close to Deal to Lower F-35 Costs, Add 1,800 Jobs

Markets Reuters

Lockheed Martin Corp (LMT) is close to a deal to significantly lower the cost of its F-35 aircraft, its Chief Executive Officer Marillyn Hewson said on Friday following a meeting with U.S. President-elect Donald Trump.

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Hewson, speaking to reporters in Trump Tower, added that Lockheed plans to increase jobs at its Fort Worth, Texas, facility by 1,800, which would add "thousands and thousands of jobs" across the supply chain in 45 U.S. states.

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(Reporting by Jonathan Allen; Writing by Susan Heavey)

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