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In Light of Reports, VH-71 Increment I Nearing Completion, Official Says

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By Geoff Fein With attention focused on the future of Lockheed Martin's [LMT] presidential helicopter effort, amid rising costs and a Nunn-McCurdy review, the company is nearing completion of the first nine helicopters (Increment I), five of which will be eventually delivered to the White House. This week, President Obama brought renewed focus on the troubled program when he questioned the need for a new helicopter, adding it is an example of a procurement process "gone amok." And Wednesday, Rep.…

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