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Lockheed Martin's F-35 Wins Swiss Fighter Dogfight

·4 min read
Lockheed Martin's F-35 Wins Swiss Fighter Dogfight
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Lockheed Martin's (NYSE: LMT) F-35 fighter has beaten out rivals from Boeing (NYSE: BA) and Airbus (OTC: EADSY), among others, to capture a $6.5 billion order from Switzerland. The deal is a much-needed boost for the F-35, and a setback in Boeing's effort to drum up sales for an alternative it says is more cost effective. The Swiss Air Force will purchase 36 F-35As to replace its aging fleet of Boeing F/A-18 Hornets and Northrop Grumman F-5 Tigers.