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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Lockheed Martin Corp | NYSE:LMT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.29 | -0.28% | 461.91 | 462.93 | 457.1701 | 462.93 | 910,783 | 01:00:00 |
From May 2019 to May 2024
Canada plans to launch talks with Boeing Co. to buy 18 Super Hornet aircraft as an interim measure in a planned overhaul of the country's legacy CF-18 fighter jet fleet, the minister in charge of defense said Tuesday.
The Liberal government also will launch a competition process to replace the aging CF-18 program, Minister Harjit Sajjan said at a news conference.
He said a range of measures will be implemented to extend the service of the current CF-18 fleet, including recruitment and training to address understaffing issues and an enhanced maintenance program.
Canada's former Conservative government dropped plans almost four years ago to buy 65 Lockheed Martin Corp. F-35 fighter jets after political controversy about a lack of transparency over acquisition costs.
Write to Paul Vieira at paul.vieira@wsj.com and Judy McKinnon at judy.mckinnon@wsj.com
(END) Dow Jones Newswires
November 22, 2016 14:15 ET (19:15 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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