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Investors Bid Up Lockheed Martin Stock in Anticipation of Fighter-Contract Win.
Publication: Fort Worth Star-Telegram (Fort Worth, Texas) (via Knight-Ridder/Tribune Business News) Publication Date: 25-OCT-01 |
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COPYRIGHT 2001 Fort Worth Star-Telegram
Byline: Maria Recio
Oct. 25--WASHINGTON--There is now a winner of the $200 billion winner-take-all joint strike fighter sweepstakes. It's just that no one is saying who it is.
But the betting is still heavily on Lockheed Martin's side.
Yesterday, the Defense Acquisition Board, a high-level panel, made its choice in the "down select" between versions built by Lockheed Martin and Boeing.
Secretary of Defense Donald Rumsfeld was briefed in the afternoon on the recommendation, which is officially being made by Secretary of the Air Force James Roche. President Bush will be informed before the choice is announced publicly.
That announcement is expected to be made at a news conference at 4 p.m. CDT Friday at the...
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