WASHINGTON The U.S. Department of Defense and Lockheed Martin Corp (LMT.N) ended negotiations on their ninth contract for F-35 fighter jets after 14 months of negotiations on the more than $6.1 billion deal, people familiar with the talks said on Wednesday. The unilateral agreement is for 57 of the new war planes in the F-35 programme, the Pentagon's costliest arms programme.
The people spoke under condition of anonymity because they were not authorized to speak about the negotiations on the record. Representatives for the Pentagon and Lockheed did not immediately return requests for comment.
(Reporting by Mike Stone; Editing by Bernard Orr)
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Published Date: Nov 03, 2016 04:00 AM | Updated Date: Nov 03, 2016 04:00 AM