Lockheed Martin (LMT +0.5%) will join a project led by Mitsubishi Heavy Industries (OTCPK:MHVYF) to build a new fighter plane that Japan’s air force is expected to deploy in 2035, according to Nikkei.Lockheed will be the junior partner on the project to manufacture about 90 jets.The new F-3 fighter will replace Japan’s F-2, which was jointly developed by MHI and Lockheed more than two decades ago.Lockheed’s Seeking Alpha Quant Rating ranks as the third highest in the aerospace and defense industry.
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