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Tag: defense contractor

Lockheed Martin delivers 72 F-35 jets facing upgrade delays, Bloomberg News reports
  • World News

Lockheed Martin delivers 72 F-35 jets facing upgrade delays, Bloomberg News reports

Cs news3 months ago02 mins

(Reuters) -Lockheed Martin has delivered 72 F-35 jets to the U.S. government as of May 1, after several months of delay due to late software improvements, Bloomberg News reported on Monday, citing the Pentagon’s program office. The upgrade, known as Technology Refresh 3 (TR-3), aims to give the stealth fighter software and hardware improvements, including…

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Trump has put defense stocks back in play, Wall Street pros say
  • Finance

Trump has put defense stocks back in play, Wall Street pros say

Cs news4 months ago4 months ago05 mins

Defense contractor stocks may help protect your portfolio from a summer of geopolitical risks. “I think using an ETF like an Invesco Aerospace & Defense (PPA) that gets you broad exposure probably makes a lot of sense here, especially when you think about this reconciliation bill that’s coming out,” Innovator ETFs chief investment strategist Tim…

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