DOD approves F/A-22 Raptor for Full-Rate Production
Published: Wed Apr 20th, 2005Source: www.lockheedmartin.com
MARIETTA, Ga. , April 19, 2005 -- The Lockheed Martin [NYSE: LMT] F/A-22 Raptor fighter aircraft has been given the green light by Department of Defense acquisition officials to enter into full-rate production.An acquisition decision information paper released by the Department of Defense on April 18 states “The Under Secretary of Defense (Acquisition, Technology, and Logistics) [Michael W. Wynne] approved the full rate production capability of the F/A-22.” This decision officially transitions the Air Force’s premier fighter program to a new level of confidence and maturity.
“This is great news for warfighters whether they are soldiers on the ground or airmen guarding the skies,” said Larry Lawson, Lockheed Martin Aeronautics Company executive vice president and general manager of the F/A-22 program.
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