Lockheed overcharged US government by $265m on F-35 JSF development programme

Published: Aug 09, 2007
Source: Flight Global



Lockheed Martin overcharged the US government by $265 million on the <a href="/page/48/F-35-Lightning-II.html">F-35 Joint Strike Fighter</a> development programme, the company announced on 9 August.

The company is now in the process of reimbursing the funds to the government, although it was not immediately clear if the funds will be returned to the JSF programme office for reinvestment or go elsewhere.

&#8220;We are working with the government to determine the appropriate amount of interest&#8221; owed, according to a released company dossier.continue..

Recent News Articles
12/01/2008Gates to Stay On as US Defense Secretary
12/01/2008Fifth Gripen fighter delivered to South Africa
12/01/2008Boeing Airborne Laser Team Fires High-Energy Laser Through Beam Control System
11/27/2008Lockheed Awarded $180M for Advance Buy of up to 20 Lot 10 F-22 Raptors
11/26/2008Gates to Reportedly Stay on as Pentagon Chief
11/25/2008F-15D accident report released
11/25/2008Deployed Airmen support bilateral exercise
11/24/2008Norway Recommends Lockheed Martin F-35 Lightning II
11/24/2008NATO Moves Forward With Agreement to Acquire Boeing C-17s
11/22/2008Coalition force Reaper unit deploys to Joint Base Balad
11/22/2008DOD defers F-22 funding decision to next administration
11/19/2008Remains of B-52 aircrew laid to rest at Arlington
11/18/2008Hornet celebrates 30th anniversary of first flight
11/18/2008A-10 successfully drops laser-guided bomb
11/18/2008Boeing CH-47F Chinook Helicopter Fielded by US Army's 1st Cavalry Division
11/18/2008Eurofighter Test Fleet surpasses 6,000 Flying Hours
11/18/2008First Tranche 2 Typhoon Delivered to the Italian Air Force
11/17/2008Russia may use 'overkill' missiles to counter U.S. shield
11/15/2008Lockheed Comments on F-35 Supersonic Flight Achievement
11/14/2008180 Eurofighters for Germany, no reduction in Tranche 3
11/14/2008Russian military considers buying aerial drones from Israel
11/14/2008Sudan confirms purchase of Russian MiG-29 jet fighters
11/14/2008F-35 prototype achieves supersonic speed
11/14/2008Boeing Delivers 1st Production Laser JDAM Kits to US Navy
11/14/2008Northrop Grumman E-2D Advanced Hawkeye Completes Operational Assessment
Back to the top All content © 2001 - 2008 Air-Attack.com, unless otherwise indicated. All Rights Reserved.
About us | Disclaimer | Privacy Policy | Contact Us | Sitemap | Links
Powered by Symfony Framework
AVIATION TOP 100 - www.avitop.comAvitop.com