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House Rebuffs Move to Cut F-35 Procurement

Rich Abott By
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The House Armed Services Committee on April 29 shut down an attempt to cut funding for six F-35As from the fiscal year 2016 defense authorization bill.Rep. Jackie Speier (D-Calif.) offered an amendment to the National Defense Authorization Act that would cut $588.5 million--the cost of six Air Force joint strike fighters manufactured by Lockheed Martin [LMT]--and transfer it to the National Guard and Reserve Equipment Account . It would leave untouched the six Marine Corps F-35B planes added to the…

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