President Donald Trump said Monday that Lockheed Martin (LMT) has done a "great job," agreeing to slash the F-35 fighter jet program's cost by $600 million.
"I appreciate Lockheed Martin for being so responsive," Trump told reporters at the White House.
The cost cuts will be for the next order of F-35 jets, Trump said, claiming that billions of dollars will be saved in contracts over time. Lockheed had already pledged to slash F-35 costs after years of delays and price overruns. It's unclear...