Lockheed To Pick Up F-35 Overruns: SASC Bill

By Jen DiMascio .

Fresh off a hearing about continued cost increases on Lockheed Martin’s F-35 Joint Strike Fighter program, the Senate Armed Services Committee (SASC) on June 16 approved a bill that would require the government to buy the next batch of aircraft on a fixed-price contract, requiring the Pentagon’s largest contractor to absorb any additional costs ...

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