US Army likely to end Lockheed spy plane contract

BALTIMORE: The U.S. Army is expected to cancel a Lockheed Martin Corp. contract to build a new spy plane, according to industry and Pentagon officials, despite efforts by the defense contractor to solve problems that include lightening the plane's weight. 

The Army was scheduled to announce Thursday afternoon its decision to end funding for the Aerial Common Sensor, according to an industry insider with knowledge of the contract and a senior Pentagon official, both of whom asked not to be identified by name because the formal announcement had not been made.