Pentagon Slices F-35 Buy To Pay For Overruns

The Pentagon is reducing the next buy of Lockheed Martin F-35s to 30 from 35 aircraft in order cover cost overruns incurred in earlier production lots, according to the Joint Program Office (JPO).

The Navy and Air Force have agreed to reduce their quantities in low-rate initial production (LRIP) Lot 5 to ...

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