
A July 22 hearing of the House Oversight and Reform Committee is to tackle spare parts issues with the Lockheed Martin [LMT] F-35 Lightning II fighter. "The hearing will examine the impact on military personnel and military readiness of unresolved problems with spare parts, the extent of overpayments to Lockheed Martin, and options to mitigate and resolve issues with defective spare parts," according to a committee memorandum on the hearing. Lawmakers are expected to hear from Air Force Lt. Gen.…