American aerospace giant Lockheed Martin remains hopeful that its troubled F-35 fighter will make its debut at the Farnborough International Airshow in England, after a dangerous engine fire grounded its fleet in the U.S.
Event organizers confirmed Sunday that the F-35B Lightning II, one of the world's most advanced fighter jets, would remain in the U.S., after the Department of Defense refused to give it clearance. The military plans to inspect the engine built by Pratt & Whitney, a unit of United Technologies.
Marillyn Hewson, CEO of Lockheed Martin, told CNBC the company was looking forward to the "unique opportunity" to showcase the new product despite the setback. "We'll work through the issue, we'll get to the root cause," she said.
She said she's confident that defense officials were going through a disciplined process to find out the issues surrounding the fire so that they could be resolved—and the fighter jet could make the trip over the Atlantic to the annual Farnborough event.
"We're in a development program right now so we're in the midst of dealing with the particular issue, but it's like any aircraft development program: We work through the issue, we get to the root cause and we're hoping to see it here on the world stage later this week," she said.