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Why Lockheed Martin Stock Is Down Today

The Motley Fool
Summary
Nutrition label

67% Informative

Lockheed Martin ( NYSE : LMT ) has lost the battle to produce the Air Force's next-generation fighter.

Boeing won an initial $19 billion contract to fund continued research and development of the plane.

With Northrop Grumman favored to beat Lockheed Martin in a separate U.S. Navy fighter competition, Lockheed could soon be left with only the F-35 .

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