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Air Force

Government Could Again Force Lockheed Martin To Accept F-35 Price For Lot 10 Aircraft

Wednesday, December 21st, 2016

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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…

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Army

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