The Pentagon’s decision to move into a full-rate production contract for the F-35 jet, made by Lockheed Martin, could be delayed until 2021 because of issues integrating the jet with its testing and training simulators, an official said on Friday. Full-rate production contracts are more lucrative for defense companies than low rate production contracts, suggesting larger payments for F-35 deliveries to Lockheed from the U.S. government and its allies could be delayed by as much as a year. Pentagon acquisition chief Ellen Lord told reporters she had signed off on a report that indicated the final decision on …read more
Source:: Yahoo Finance
