Pentagon pays Lockheed Martin $60 million for F-35 cost savings projects

By Lee Hudson / October 4, 2017 at 10:30 AM
The Pentagon is paying Lockheed Martin $60 million for Joint Strike Fighter cost savings projects to reduce the cost of the F-35. On Sept. 25, the government awarded a modification to a previous cost-plus-incentive fee contract as part of Blueprint for Affordability phase two, F-35 communications director Joe DellaVedova confirmed to Inside the Navy . The government will invest $170 million for the Blueprint for Affordability phase two spanning Low-Rate Initial Production Lots 12-14, he said. The first Blueprint for...

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