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Why Lockheed Martin's dogfight with Boeing is a win-win

Mar 01, 2017 - Orlando Business Journal (Florida)

President Donald Trump's idea to replace a version of Lockheed Martin Corp.'s F-35 fighter jet with The Boeing Co.'s cheaper F-18 jet wouldn't have been considered a big loss for Lockheed Martin.

That's because the military may need both types of jets, according to one Lockheed Martin (NYSE: LMT) analyst.

The rivalry between Bethesda, Md.-based Lockheed Martin and Chicago-based Boeing (NYSE: BA) actually may boost production of both the F-18 and F-35, said Richard Safran, vice presid...