DoD and #Lockheed Martin, after much signaling, "reached an agreement in principle" on #F-35 LRIP-5. Adm. Venlet sez ends year "on a positive note" ColinClarkAol

Secretary Gates put the Marine F-35B V/STOVL version of the Lightning II on probation; it was a headline grabbing rhetorical trick. Gates pulled a similar ploy with the F-22 when announcing that the decision was based on a cost study within DoD. Unfortunately, the study never was done and does not exist. Unfortunately for our… Keep reading →

Paris: In another clear signal that the heat is on Lockheed Martin to substantially bring down the costs of the biggest acquisition program in US history, the Nr. 2 man in the program told reporters here that costs have to keep going down. “Much of that will play out” in the nascent negotiations on the… Keep reading →