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Thursday, August 13, 2009

US fighter production at risk without bailout


Aircraft manufacturer Lockheed Martin said it would halt production of F-22 fighters unless it gets more Government money.

The company pressed the Pentagon for additional funds to stave off a halt in its F-22 fighter production line, but a Defence Department spokesman said the future of the radar-evading warplane would not be decided until late April.

Lockheed had said it planned to start shutting down the production line for the top-of-the-line fighter jets on March 1 unless President Barack Obama decides to buy more than the 183 F-22 Raptors now on order.

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