Saying it has not received official word that the contest is over, Lockheed Martin says it will continue to push for its F-35 fighter jet to be picked by South Korea to replace an aging fleet. There have been reports that South Korea cut the plane from the list because of cost, a move that would leave only the Boeing F-15. "Lockheed Martin has not received an official notification from the Republic of Korea regarding the results of the price bidding for the F-X Program," the company said in a statement.

Full Story:

Related Summaries