F-35Lockheed, Pentagon At Odds Over F-35 Costs: Sources -- Reuters
Lockheed Martin Corp is pushing back against Pentagon efforts to make the company pay for problems that arise with the F-35 fighter jet during testing as a way to lower costs of major weapons programs, according to sources familiar with the emerging dispute.
Company executives will raise the issue in a quarterly earnings report on Wednesday, the sources said.
The Defense Department's push to change the terms of its next production contract for the F-35, or Joint Strike Fighter, could expose Lockheed to possible losses in coming years, said consultant Loren Thompson, who has close ties to the company.
Read more ....
MILITARY AND INTELLIGENCE NEWS BRIEFS
Libyan Lessons For Doomed Autocrats and U.S. -- Aol Defense
U.S. forces will withdraw from Iraq is actually about a month before the official date -- Investors Iraq
Germany to shut down 31 military facilities as it works to make army more efficient -- Washington Post
U.K. Approves $1.6B Upgrade for Warrior Vehicle -- Defense News
Ukraine says will let Russia modernize Black Sea Fleet -- RIA Novosti
Emirates seek French military satellite -- UPI
Airbus Military's A400M Makes Quiet Progress -- Ares/Aviation Week
Hackers Likely Have Japanese Warplane, Nuclear Data -- Information Week
Greek M60 tanks for Iraq? -- Defense Greece
New details, questions on U.S. role in Uganda -- DoD Buzz
F-22 fighters back in the air: US Air Force -- AFP
USS Wasp Concludes JSF Testing -- Navy.mil
The Wasp’s New Heat-Resistant Deck Coating -- Defense Tech
Shipyard will play role in disposing of first aircraft carrier reactors -- Kitsap Sun
Future Of Mobile Technology Takes Shape - As A Cube -- Aol Defense News
U.S. Joint Intel Op Centers Bring IT Savings -- Defense News
Is Darpa's Fly-Drive Transformer on the Right Road? -- Ares/Aviation Week
New Obama Administration Programs Help Military Veterans Find Jobs -- Voice of America
Neck Tattoos, French Manicures in Army’s Sights -- Danger Room
Chandler considers tighter grooming regs -- Army Times
Military retirement plan not ‘unaffordable,’ defense official says -- Washington Post
Alternative Views Emerge in U.S. Defense Budget Debate -- Defense News
Congress works to avert defense budget cuts -- L.A. Times
GAO: sexual harassment in the military under-reported -- CBS News
Long War Transforms Military -- Keith Johnson, Stephanie Simon and Shelly Banjo, Wall Street Journal
Toddler Watches Military Dad Read Prerecorded Bedtime Story -- ABC News
US military deaths in Afghanistan at 1,700 -- AP
US military deaths in Iraq war at 4,481 Tuesday, according to Associated Press count -- Washington Post/AP
No comments:
Post a Comment