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Old July 11th 04, 03:46 AM
Henry J Cobb
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Default New fighter aircraft could boost Lockheed Martin

http://www.investors.com/breakingnew...22069403&brk=1
The planes represent Lockheed Martin's single biggest product line. Barron's
notes the estimated price tag of the jet range from Air Force estimates of
$125 million each, to the Pentagon's more inclusive estimate of $258.9
million.


Including little details like the engines, etc.

You could buy a seagoing Navy warship from Lockheed Martin for less than that.

One question critics have asked is whether it's necessary to have a plane as
good as the F/A-22 is advertised to be, and not just use the latest version
of the F-16 and the Navy's F/A-18. Barron's notes that the Air Force is
concerned that Russian and European air-defense missiles that might be sold
to potential adversaries are getting better, and they don't want to take
chances.


But the US Navy isn't concerned about hostile air defenses? What do they know
about the French and Russians that they're not sharing with the USAF?

-HJC