The Pentagon will end the F-22 fighter jet and presidential helicopter programs run by Lockheed Martin Corporation, Defense Secretary Robert Gates said.
Military analysts said the U.S. military would not purchase more of these radar-evading supersonic jets, because it is considered an outdated weapon. The military currently has 187 F-22 fighter jets, and each plane costs approximately $140 million.
Lockheed Martin Corp. said nearly 95,000 jobs can be affected if the Pentagon did not buy more planes. The White House is also looking into cutting out the new fleet of presidential helicopters, which has a price tag of $11.2 billion, from the 2010 budget.
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