The U.S. government will compensate F-35 suppliers for any financial costs caused by the expulsion of Turkey from the program, a Lockheed Martin executive says. “If there is any harm to industry, we will be compensated for that,” says Kenneth Possenriede, Lockheed’s chief financial officer, speaking to analysts on a July 23 earnings call. The Pentagon announced a decision on July 16 to ban Turkey’s government and industry from the F-35 program over deliveries of an ...


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