WASHINGTON: Two top Pentagon officials laid out a multi-pronged push to lower the price of the F-35 Joint Strike Fighter below $80 million apiece. The chief of the F-35 Joint Program Office, Lt. Gen. Chris Bogdan, and the director of defense pricing, Shay Assad, are underwhelmed by contractor Lockheed Martin‘s  cost reduction efforts so far.… Keep reading →

CORRECTED: Fixes CEO Marillyn Hewson’s name. Sigh… FARNBOROUGH: A pair of cost initiatives by Lockheed Martin, Northrop Grumman, BAE Systems and the Pentagon should save up to $4 billion over the life of the F-35 Joint Strike Fighter program, officials said here today. Frank Kendall, the head Pentagon buyer, the F-35 Joint Program Office, and… Keep reading →