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Air Force

SASC Wants Details On DoD’s New F-35 Oversight Plan

Julie Samuel

Wednesday, June 6th, 2012

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A Senate panel wants the Pentagon to spell out how it will track Lockheed Martin’s [LMT] work on the F-35 Joint Strike Fighter as part of a plan to modify aircraft purchases based on the contractor’s performance in key areas. The Senate Armed Services Committee (SASC), like defense authorizers and appropriators in the House, largely backs the Pentagon’s funding proposal for the long-troubled F-35 effort in its proposal for the fiscal year 2013 defense budget. That Pentagon plan calls for cutting $15.1…

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Army

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