The F-35 jet is manufactured by Lockheed Martin Corp, accounting for about 27% of the company’s sales. RTX received full funding from the U.S. government in March for its F135 engine core upgrade (ECU), which will modernize the F-35’s propulsion system. “Upgrading the F-35’s propulsion system to ECU is a critical step toward ensuring the F-35 remains the world’s premier air dominance fighter,” Pratt & Whitney said.
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Nvidia’s $50 Billion Share Buyback Is an Epically Bad Decision That Sends the Wrong Message to Wall Street and Investors
Although share repurchases are known for lifting earnings per share (EPS) and instilling confidence in investors, Nvidia’s decision to announce a hefty buyback program will struggle on both fronts. Source
