
The fiscal 2023 conference measure on the defense authorization bill stipulates that U.S. Comptroller General Gene Dodaro, the head of the Government Accountability Office (GAO), will audit the Pentagon's business case analysis of engine, power, and thermal management modernization options for the Lockheed Martin [LMT] F-35 fighter. The F-35 Joint Program Office (JPO) and the Pentagon have been conducting and reviewing that business case analysis. The Senate version of the bill contained the proposal for the Comptroller General review, and,…