The settlement covers refund for Lockheed’s fighter aircraft parts deliveries between 2015 and early 2020 that were deemed inadequate for installation due to a lack of electronic data the Department of Defense needs to monitor the service of life of jet components.
Brett Ashworth, a spokesman for Lockheed, told Bloomberg the company remains “focused on increasing F-35 readiness while driving down sustainment costs.”
The fiscal 2021 National Defense Authorization Act mandates that DOD include details of the accord in the department’s next budget request, the report noted.
Chuck Brooks is the president of Brooks Consulting International and one of Executive Mosaic’s GovCon Experts. As a longtime advocate for cybersecurity…
ASRC Federal’s Facilities & Logistics subsidiary has secured an Air Force Industrial Product-Support Vendor contract The Defense Logistics Agency awarded…
