The decision by the US and Germany to send battle tanks to Ukraine has also sparked discussions on more advanced weapons platforms, such as fighter jets.
Lockheed Martin (NYSE: LMT) COO Frank St. John has revealed that there is “a lot Discussions about the transfer of F-16s,” where countries will also send their US-made aircraft. countries that have decided to transfer other people to help with the current crisis.”
While the Biden administration rejected Ukraine’s requests and approval of modern warplanes, it also opposed the delivery of modern battle tanks, before reversing its policy on Wednesday.
Lockheed Martin’s (LMT) 2022 sales are showing some pressure on its Q4 results, and 2023 will be equally difficult, writes Dhierin Bechai, SA writer for The Aerospace Forum.