Lockheed Martin Corp is developing and building the F-35 Joint Strike Fighter, the Pentagon's most expensive weapons program, for three US military branches and eight international partners.
US stocks were set for a sharply lower open on Tuesday as earnings from a host of of large multinational companies and a Moddy's credit rating downgrade of several regions in Spain triggered concerns about the slowing global economy.
Strong demand from big emerging markets, particularly China and India, is boosting US manufacturers' prospects for 2011, a pair of top executives said on Tuesday.
Pratt & Whitney, a unit of United Technologies Corp, is in talks with Indian companies to form five joint ventures for manufacturing engine parts in India, a company executive said on Tuesday.