Article Title: Biden slashes F-35 jet order 18% in 2025 budget request
Article Excerpt: "...Lockheed shares fell 2.6% after the news, which was first reported by Reuters. Lockheed said in a statement they "look forward to working with the Biden administration ...Biden's overall defense and national security budget request is expected to be $895 billion, the sources said, compelling deep cuts in a wide range of programs, delays to existing programs and slowing efforts to build weapons stocks depleted by wars in Ukraine and Israel."
Reference Source: www.reuters.com