Lockheed CEO Pledges Sharp Focus on F-35 Execution
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Patuxent River NAS: Breaking Defense interviewed Bob Stevens, chairman and CEO of Lockheed Martin, after the first flight of the Marines’ F-35B open to the press. The aircraft is on probation — having been put there by former Defense Secretary Robert Gates. The F-35 program, largely because of unexpected problems discovered during testing, recently wracked up $918 million in cost overruns.
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So I asked Stevens what Lockheed would do to fix things and whether he was confident that the program would get the funding it needs to keep going at currently planned rates.
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