WASHINGTON: Two top Pentagon officials laid out a multi-pronged push to lower the price of the F-35 Joint Strike Fighter below $80 million apiece. The chief of the F-35 Joint Program Office, Lt. Gen. Chris Bogdan, and the director of defense pricing, Shay Assad, are underwhelmed by contractor Lockheed Martin‘s cost reduction efforts so far.…
By Sydney J. Freedberg Jr.CORRECTED: Fixes CEO Marillyn Hewson’s name. Sigh… FARNBOROUGH: A pair of cost initiatives by Lockheed Martin, Northrop Grumman, BAE Systems and the Pentagon should save up to $4 billion over the life of the F-35 Joint Strike Fighter program, officials said here today. Frank Kendall, the head Pentagon buyer, the F-35 Joint Program Office, and…
By Colin Clark