Lockheed Martin Follow Up: Shares down 3% pre-market after President-Elect Trump tweets about cost of F-35 program
- According to LMT's latest 10K "Our Aeronautics business segment includes our largest program, the F-35 Lightning II Joint Strike Fighter, an international multi-role, multi-variant, stealth fighter aircraft. Net sales for the F-35 program represented approximately 23% of our total consolidated net sales from continuing operations for both the quarter and nine months ended September 25, 2016 and 23% of our total consolidated net sales from continuing operations for both the quarter and nine months ended September 27, 2015.
- Defense names: LMT -2.6%, RTN -1.5%, NOC -1.4%, GD -1.4%, BA -0.6%, LLL