The Pentagon Inspector General (IG) said last week that it plans to begin an audit of how the program for the Lockheed Martin [LMT] F-35 has maintained a real-time inventory in the Defense Property Accountability System (DPAS) of F-35s, aircraft parts in the global spares pool, support equipment ...

The Pentagon’s pause in its acceptance of new Lockheed Martin [LMT] F-35 fighters for the U.S. Air Force, Navy and Marine Corps points to a larger problem–the apparent lack of knowledge by DoD and its contractors of the identities of lower level suppliers. Lockheed Martin has applied ...