Meanwhile, Lockheed feeling the heat at home
Lockheed Martin will spend more of its own money this year to improve the delivery of sustainment services and boost operational readiness rates on the F-35 fighter, chief executive James Taiclet says.
www.flightglobal.com
"Lockheed Martin will spend more of its own money this year to improve the delivery of sustainment services and boost operational readiness rates on the F-35 fighter, the US airframer’s chief executive says.
"“Over a fair few prior years there was – in our opinion – some under-funding of spare parts and repair capacity,” CEO James Taiclet says.
"“We have been striving to make up for some of that with internal investment,” he notes. “We have put a billion-plus [dollars] into spare parts and repairs already, but we are going to double-down on that, to make an extra effort to improve the mission-capable rate for the aircraft and make up for the unfortunate deficit that’s been created over the last four or five years.”"
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6 days ago
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose.
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