Lockheed (LMT-NYSE) and its suppliers have invested billions of dollars into an effort to bring per-plane production costs in line with current generation fighters, such as the F-16. LMT P/E is ONLY 14.40 with a promising growth contract with India and Turkey.
UTX, supplier of the jet engines, is a positive indicator that there will not be drastic cuts. The jet engine is one of the most expensive part of a fighter. BA holding strong, down fractionally.