Two U.S. Air Force F-35A Lightning IIs assigned to the 48th Fighter Wing perform a pass over Royal Air Force Lakenheath, England, on April 16, 2022 (U.S. Air Force Photo)
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Higher internal spending on the F-35 fighter program pressured earnings and sales at Lockheed Martin [LMT] in the third quarter as the company awaits a wrap on negotiations for the next production lots of the aircraft.
Lockheed Martin expects to finalize the…