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Pentagon OK’s Advanced Funds For Four F-22s, Waits For January Decision On More

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By Emelie Rutherford Pentagon leadership agreed this week to spend $50 million on parts for four future F-22 jet fighters, instead of obligating $140 million in advanced funding for 20 potential fiscal year 2010 aircraft that some lawmakers, the Air Force, and contractor Lockheed Martin [LMT] wanted. Pentagon acquisition chief John Young also confirmed the Pentagon now plans to seek full procurement funding for the four aircraft in the next war supplemental spending bill, according to comments from Young relayed…

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