F-35 LRIP V Discussions To Kick Off Soon

By Amy Butler

As the U.S. government and Lockheed Martin continue restructuring the $382 billion, multinational F-35 Joint Strike Fighter program, the parties are preparing for negotiations on the next production lot and to reset the original development contract in light of a recent cost overrun and delay.

Lockheed Martin is expected to submit its proposal for the fifth low-rate, initial production (LRIP) lot of F-35s to the ...

---