Thursday, June 17, 2010

DTN News: Lockheed To Halve Arms-Bazaar Presence This Year....NSI News Source Info # 644

(NSI News Source Info) WASHINGTON, - June 18, 2010: Lockheed Martin Corp (LMT.N), the Pentagon's No. 1 supplier by sales, will halve its corporate presence at the Farnborough Air Show outside London next month as part of stepped-up cost-consciousness on behalf of its clients, Chief Executive Robert Stevens said."We are not going to look at the world the same way going forward as we looked at the world in the past," he told reporters Thursday at a company event to showcase big-ticket programs such as its F-35 fighter jet, new coastal combat ship and ballistic missile defenses.

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