ranch_runner
The decision by the US and Germany to send battle tanks to Ukraine has reignited discussions about more advanced weapons platforms such as fighter jets.
Lockheed Martin (New York Stock Exchange:LMT) COO Frank St. John has revealed that there are “many of talk about the third-party transfer of F-16s,” under which countries would re-export their US-made planes. The company will even ramp up F-16 production “to get to the place where we’ll be able to stuff pretty ably any country that choose to make transfers to third parties to help with the current conflict”.
While the Biden administration has so far rejected Ukraine’s requests and approvals for modern fighter jets, it also opposed the delivery of modern main battle tanks, before reversing its policy on Wednesday.
Lockheed Martin (LMT) sales in 2022 reflected supply chain and schedule-specific pressures in its fourth-quarter results, and 2023 will be equally challenging, writes Dhierin Bechai, SA author of The Aerospace Forum.
