Lockheed Martin F-16 Development Problems Dent Earnings

lockheed martin f-16s
Credit: Hristo Rusev/Getty
Lockheed Martin encountered development problems with its latest F-16 configuration, denting earnings along with issues on the C-130J Hercules. On the F-16 configuration for Taiwan and Morocco, “we ran into some issues during the flight test, causing some rework, which delayed deliveries,” CFO Evan...
Robert Wall

Robert Wall is Executive Editor for Defense and Space. Based in London, he directs a team of military and space journalists across the U.S., Europe and Asia-Pacific.

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