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Japan plans to select the Lockheed Martin [LMT]-built F-35 Lightning II as its next generation fighter jet, the Japanese news agency Kyodo reported recently, citing government sources.
The Yomiuri newspaper reported online the announcement could come after a Security Council meeting led by Prime Minister Yoshihiko Noda.
Japan had been expected to announce the winner to produce 40 to 50 fighter jets to replace its aging fleet of F-4s. The other competitors are Boeing's [BA] F/A-18 Super Hornet and the Eurofighter Typhoon. Japan's Defense Ministry would be looking for the first four airplanes to arrive some time in 2016.
Kyodo quoted Japanese Defense …