Lockheed To Report With F-35 'On Track,' Bugs To Fix

Investors.com http://ift.tt/1cGTCsf Lockheed Martin's (LMT) first-quarter report will come as its F-35 fighter progresses toward its expected combat readiness this summer, though problems with key systems will still be getting fixed. Analysts expect the defense contractor to report a 13% decline in earnings to $2.50 per share -- the first drop since late 2012 -- and a 4% dip in revenue to $10.24 billion when it discloses quarterly results Tuesday. While the Defense Department and its