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Old July 22nd 04, 06:06 AM
Larry Dighera
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Default U.S. Air Force to purchase 1,763 LOCKHEED MARTIN F-35 Joint Strike Fighter jets for $245 billion


The U.S. Air Force has not changed its plan to purchase 1,763
LOCKHEED MARTIN CORP. F-35 Joint Strike Fighter jets, a U.S.
Department of Defense official said. "Right now the Air Force
has not changed their numbers," said Steven Enewald, director
of the F-35 program for the Department of Defense at a press
briefing at the Farnborough air show near London. Investors,
analysts and aerospace executives have worried that U.S. budget
constraints may cause the Air Force to trim its projected $245
billion U.S. purchase, which is expected to grow to about 2,400
planes by 2027, the largest warplane project ever. There's still
a chance numbers could change as the budget undergoes review,
Enewald said.
(Reuters 07:11 AM ET 07/21/2004)

Mo
http://q1.schwab.com/s/r?l=248&a=982...a&s=rb0407 21

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