January 26, 2016 / 5:21 PM / 2 years ago

Oil price drop not hitting Middle East arms orders: Lockheed

WASHINGTON (Reuters) - Lockheed Martin Corp (LMT.N) is not seeing a big pullback in weapons orders from the Middle East and other regions as a result of lower oil prices, Chief Executive Marillyn Hewson said Tuesday.

Hewson said Lockheed continued to see strong international demand for missile defense equipment, munitions and F-35 fighter jets, and oil-producing countries appeared to be scaling back other purchases rather than cutting weapons orders.

Reporting by Andrea Shalal

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below