Lockheed Martin Vows To Improve F-35 Program Performance | Aviation International News

Lockheed Martin Vows To Improve F-35 Program Performance

Lockheed Martin CEO-in-waiting Christopher Kubasik says the company is committed to righting ongoing problems with the F-35 Joint Strike Fighter.

June 22, 2012

Lockheed Martin CEO-in-waiting Christopher Kubasik says the company is committed to righting ongoing problems with the F-35 Joint Strike Fighter, which has doubled in unit cost and slipped in schedule by six years until full-rate production, now slated for 2019. Meanwhile, the Government Accountability Office (GAO) said the government is responsible for $672 million of the $1 billion-plus cost overrun from the program’s first four low-rate initial production (LRIP) contracts.

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