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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (54741)	10/28/2001 2:32:23 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

WIRE: 10/27/2001 3:30 pm ET Lockheed to Share Spoils of Fighter Win. They will and consider bringing Boeing on board as a major subcontractor. By Noah Barkin and Chris Stetkiewicz NEW YORK/SEATTLE (Reuters) - Lockheed Martin Corp. <LMT.N> snared a massive fighter jet contract away from rival Boeing Co. <BA.N> on Friday, but experts say Boeing can still cash in and Lockheed still faces important hurdles. Before it can savor the $200 billion prize the Pentagon's Joint Strike Fighter (JSF) contract could offer, Lockheed must prove it can do the job right, brave fickle political will and consider bringing Boeing on board as a major subcontractor. "I think there is a very good chance this is not a winner-take-all proposition. Substantial subcontract work could go to the loser," said Jon Kutler, president of Quarterdeck investment partners, an investment bank specializing in the defense industry. abcnews.go.com