Lockheed Martin [LMT] and the F-35 Joint Program Office have reverted to the “elemental level” in negotiations over the cost of the 10th lot of aircraft to avoid deadlock and the government repeating a unilateral contract action as it did with the previous deal.After more than a year the JPO in early November felt further negotiations with Lockheed Martin would be futile and unilaterally pulled the trigger on the unsettled contract for the ninth lot of low-rate initial production (LRIP) aircraft.Lockheed…
Government Could Again Force Lockheed Martin To Accept F-35 Price For Lot 10 Aircraft
By
Dan Parsons
SHARE:
