Lockheed Martin projects 75 percent cost reduction with new F-35 processor

Lockheed Martin selected a Florida company to develop and deliver its next Integrated Core Processor, or ICP, for the F-35 in a move that will help bring down costs for fifth-generation fighter jet.The Fort Worth-based aeronautics division of Lockheed Martin Corp. (NYSE: LMT) chose Harris Corp. (NYSE: HRS) to make the crucial component. Lockheed Martin said it expects the move to result in a 75-percent cost reduction and a 25-times increase in computing power. The new ICP will be included in Lot