Negotiations under way to link F-35 profits to deliveries

01/14/2010 | Fort Worth Star-Telegram (Texas)

Under negotiations between Lockheed Martin Corp. and the Pentagon, profits in the $27 billion development phase of Lockheed Martin's delayed F-35 joint strike fighter would be tied to tests and airplane deliveries. Amid the delays in the program, the government is negotiating to eliminate its discretion to pay Lockheed for on-paper performance and fees would instead be linked to flight tests and deliveries of 19 developmental fighters.

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Fort Worth Star-Telegram (Texas)

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