The Defense Department and Lockheed Martin have reached a handshake agreement on compensation for issues related to the company's F-35 spare parts delivery -- a deal that, when finalized, will require the company to return about $70.5 million. The amount of the payment, which Defense News first reported, is significantly lower than past departmental estimates of the costs created by Lockheed delivering parts unready for operational use. A Defense Department inspector general audit released in June 2019 estimated the...
