Inside the Navy - July 2, 2018

Projected F-35 EOQ cost savings cut in half in CAPE estimate

June 29, 2018 at 3:31 PM
The Defense Department's recent $660 million award to Lockheed Martin to support an F-35 economic order quantity buy will yield less than half of what the program expected in cost savings, according to a letter obtained last week by Inside Defense . The funds were part of a $735 million contract awarded to the company June 8 and will support a multiyear procurement deal among international partners and foreign military sales customers for low-rate initial production lots 12, 13 and...

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