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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Northrop Grumman Corp Holding Co | NYSE:NOC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -2.22 | -0.46% | 484.00 | 488.0623 | 483.53 | 486.45 | 908,740 | 01:00:00 |
From May 2023 to May 2024
By Mauro Orru
German arms maker Rheinmetall set out plans to build a factory in Weeze, Germany, to produce fuselage sections for the F-35A Lightning II warplane, building on its partnership with Lockheed Martin and Northrop Grumman after signing a letter of intent earlier this year.
Rheinmetall said Tuesday that the new plant would produce at least 400 F-35A fuselage sections for the German air force and other partner nations, starting in 2025.
"This marks an important milestone in the German F-35 program - this increase in capacity helps meet the growing global demand that further enables the F-35 to stay ahead of evolving threats in the 21st century landscape," said Mike Shoemaker, vice president of F-35 Customer Programs at Lockheed Martin.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
July 04, 2023 07:04 ET (11:04 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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