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F-35 maker posts strong growth but flags funding gap for future jets

Lockheed Martin raises its full-year outlook as sales and earnings grow, while seeking additional funding and contractual authorisation for work on a future F-35 production batch
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F-35 manufacturer Lockheed Martin has raised its full-year financial outlook after reporting double-digit growth in sales and earnings, but says preparatory work on a future batch of fighters has outgrown its existing US government contract funding.

Denmark and Norway already operate the F-35, while Finland has begun introducing the aircraft. The company’s update does not announce any changes to Nordic delivery schedules.

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