Lockheed Martin Suspends F-35 Production in Japan Due to Coronavirus Concerns
Lockheed Martin (NYSE: LMT) has halted production of the F-35 in Japan, and told employees in an Italian facility to work from home, due to concerns about the COVID-19 coronavirus.
Ellen Lord, the Pentagon's undersecretary for acquisition and sustainment, told reporters gathered at a defense industry conference on Wednesday that Lockheed Martin has shut down a Mitsubishi Heavy Industries Japan factory where the F-35 is assembled for at least a week, and is taking other precautions in response to the coronavirus threat.
A F-35 fighter coming in for a landing after a test flight. Image source: Lockheed Martin.
Source Fool.com
