Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Pentagon says near deal with Lockheed for more F-35 fighter jets
Source: Reuters
Politics | Sat Jul 9, 2016 1:26pm EDT
Pentagon says near deal with Lockheed for more F-35 fighter jets
RAF FAIRFORD, ENGLAND | BY ANDREA SHALAL
The U.S. Department of Defense and Lockheed Martin Corp are in the final stages of negotiations about two contracts for 160 fighter jets, tandem deals valued at more than $14 billion, the Pentagon's F-35 program manager said on Saturday.
"We're in the end game," Air Force Lieutenant General Chris Bogdan said in an interview at the Royal International Air Tattoo the world's largest military airshow, where six F-35 Lightning II jets are flying this week.
Bogdan said an agreement could be finalised soon, but declined to predict if it could be announced at the Farnborough International Airshow next week. He said all the major issues had been resolved and the fate of the deal was largely in Lockheed's hands at the moment.
Lockheed's F-35 program manager Jeff Babione had told reporters on Thursday that he expected to reach an agreement soon about contracts for the ninth and 10th production contracts for the new warplane.
[font size=1]-snip-[/font]
Pentagon says near deal with Lockheed for more F-35 fighter jets
RAF FAIRFORD, ENGLAND | BY ANDREA SHALAL
The U.S. Department of Defense and Lockheed Martin Corp are in the final stages of negotiations about two contracts for 160 fighter jets, tandem deals valued at more than $14 billion, the Pentagon's F-35 program manager said on Saturday.
"We're in the end game," Air Force Lieutenant General Chris Bogdan said in an interview at the Royal International Air Tattoo the world's largest military airshow, where six F-35 Lightning II jets are flying this week.
Bogdan said an agreement could be finalised soon, but declined to predict if it could be announced at the Farnborough International Airshow next week. He said all the major issues had been resolved and the fate of the deal was largely in Lockheed's hands at the moment.
Lockheed's F-35 program manager Jeff Babione had told reporters on Thursday that he expected to reach an agreement soon about contracts for the ninth and 10th production contracts for the new warplane.
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/us-airshow-britain-lockheed-fighter-idUSKCN0ZP0QA
3 replies
= new reply since forum marked as read
= new reply since forum marked as read
