Spotlight On Defense

Lockheed, Pentagon Announce $8.5 Billion F-35 Order

The Department of Defense and Lockheed Martin Corp announced on Friday an agreement worth about $8.5 billion for 90 F-35 jets, the lowest price to date for the Pentagon's most expensive program.

Boeing's 2016 Orders Lowest Since 2010

Boeing fell 80 planes short of its goal for new orders in 2016, but likely clinched the title of world's biggest planemaker for another year.