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Grounding, budget woes cloud F-35 warplane sales push in Australia

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CANBERRA/WASHINGTON (Reuters) – This year’s second grounding of Lockheed Martin Corp’s vaunted F-35 warplane, plus looming U.S. defense cuts, are likely to complicate a push this week by Lockheed and U.S. officials to convince wary Australian lawmakers and generals to stick to a plan to buy 100 of the jets.

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Post Published: 24 February 2013
Found in section: Finance