Lockheed Martin to pay $300 million more to suppliers hit by coronavirus
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(Reuters) - U.S. weapons maker Lockheed Martin Corp said on Friday it would pay an additional $300 million (247.16 million pounds) to its suppliers hurt by a sharp economic slowdown caused by the coronavirus crisis.The company, which makes the F-35 fighter jets, has already injected $450 million in payments to suppliers.Lockheed's advances comes as the Pentagon has increased the amount of interim payments it makes to defense contractors in an effort to give them a financial boost amid the..