Lockheed could see $1B financial ‘impact’ this quarter as F-35 negotiations drag on
“Given where we are in that negotiation, we don’t expect to be completed by the end of this quarter, and that will cause an impact in the quarter — up to about $500 million in sales, and potentially about $500 million of cash flow in the quarter,” Lockheed’s Chief Financial Officer Jay Malave said.
“Given where we are in that negotiation, we don’t expect to be completed by the end of this quarter, and that will cause an impact in the quarter — up to about $500 million in sales, and potentially about $500 million of cash flow in the quarter,” Lockheed’s Chief Financial Officer Jay Malave said.
