RE:New F35 CONTRACT worth 40$ BILLION... AVCORP contract ... ALSO:
The U.S. Defense Department plans to buy 404 Lockheed Martin Corp (LMT.N) F-35 fighter jets over the next five years, a net decrease of 5 to 7 percent from last year's plan, sources familiar with the plans said on Friday.
The orders will amount to about $40 billion in new revenue for Lockheed, the Pentagon's No. 1 supplier, and engine maker Pratt & Whitney, a unit of United Technologies Corp (UTX.N)
https://www.reuters.com/article/us-usa-budget-lockheed-fighter-idUSKCN0VF01F
AVCORP DOUBLES REVENUE AND STRENGTHENS BALANCE SHEET THROUGH THE COMPLETION OF THE ACQUISITION OF HITCO CARBON COMPOSITES AEROSTRUCTURES DIVISION https://www.avcorp.com/media/1512closing%281%29.pdf
News from 2010: Los Angeles / Wiesbaden, January 11, 2010. HITCO Carbon Composites, Inc., Gardena, California,
U.S.A., a subsidiary of SGL Group – The Carbon Company – announced today that Lockheed Martin has signed a Letter of Intent (LOI) to award HITCO a contract to produce wing skins and nacelle skins for the F-35 Lightning II Program.
https://www.hitco.com/HITCO%20Press%20Release-%201-11-10.html