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Pentagon says will sign F-35 deal with Lockheed

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Published: Wednesday, 12 Dec 2012 | 10:04 AM ET

WASHINGTON, Dec 12 (Reuters) - The U.S. Defense Department said it will sign a contract with Lockheed Martin Corp on Friday for a fifth group of F-35 Joint Strike Fighter jets, a long-awaited deal that moves forward the most costly weapons program in U.S. history.

The Pentagon also said it expects to reach an agreement soon with Lockheed on early funding for a sixth group of F-35s, a step that could help reduce a potential $1.1 billion liability the weapons maker faced from work it had already done on the jets without a signed contract.

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WASHINGTON, Dec 12- The U.S. Defense Department said it will sign a contract with Lockheed Martin Corp on Friday for a fifth group of F-35 Joint Strike Fighter jets, a long-awaited deal that moves forward the most costly weapons program in U.S. history.
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