Lockheed Martin rewriting F-35 book
Lockheed Martin, prime contractor for all F-35 fighter components except the Pratt & Whitney engine, has told the U.S. it is prepared to guarantee a fixed price and assume most of the risk for maintaining a fleet-wide state of readiness higher than 80 per cent by 2025. It has proposed that the Department of Defense transition to a performance-based logistics approach in which contractors are incented to reduce costs. [node:read-more:link]