Lockheed: No concern that Raytheon-UTC merger will affect F-35 program

FILE PHOTO: A Lockheed Martin F-35 aircraft is seen at the ILA Air Show in Berlin, Germany, April 25, 2018. REUTERS/Axel Schmidt/File Photo

LE BOURGET, France - Lockheed Martin F-35 program manager Greg Ulmer said on Monday he had “no concern” that the proposed merger of Raytheon Co and United Technologies Corp would affect the F-35 program or pressure its margins. “I don’t see any concern,” Ulmer told reporters at the Paris Airshow when asked if the merger of two key suppliers would affect the F-35 program, which is working hard to reduce costs.

Ulmer also said Turkish firms continued to produce components for the aircraft despite a row over Ankara’s plans to buy the Russian S-400 air defense system. He said plans by the U.S. government to start winding down Turkey’s participation in the F-35 program would not affect Lockheed’s production plan this year.

How about Turkey's S-400?

super😍😍😍

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Raytheon International CEO dismisses Trump's concerns about United Technologies mergerThe deal has raised questions from many lawmakers and regulators about the economic benefits and costs of large mergers.
La source: CNBC - 🏆 12. / 72 Lire la suite »