WASHINGTON (Reuters) – 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
Pentagon acquisition chief Ellen Lord told reporters she had signed off on a report that indicated the final decision on full-rate production could be...
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