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Lockheed Martin secures $2 billion in Pentagon contracts for F-35 fighter jet program
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Lockheed Martin secures $2 billion in Pentagon contracts for F-35 fighter jet program
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Lockheed Martin Names New Leader for Fighter Program
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FORT WORTH, Texas, May 17, 2021 /PRNewswire/
Today Lockheed Martin announced OJ Sanchez as the new vice president and general manager for Aeronautics Integrated Fighter Group (IFG), succeeding Bridget Lauderdale who was recently named vice president and general manager for the F-35 Lightning II Program.
In this new role, Sanchez is responsible for the development, manufacture and sustainment of the F-16 and F-22 programs as well as the T-50, K-FX and J-FX international partnerships.
Prior to assuming this role, he was vice president and general manager for the F-22 Program, ensuring financial, schedule and quality performance targets were achieved. Sanchez has also served in senior leadership roles in Sustainment and the F-35 Program. He joined Lockheed Martin in 2014 after a distinguished U.S. Air Force career, where his final assignment was serving on the Joint Staff supporting glob
Lockheed Martin Names New Leader for Fighter Program
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F-35 Cockpit Upgrades Exceed $440 Million in Overrun Costs as US Congress Grows Skeptical of Program
Airman Gabrielle Spalding
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https://sputniknews.com/us/202104211082695583-f-35-cockpit-upgrades-exceed-440-million-in-overrun-costs-as-us-congress-grows-skeptical-of-program/
Last month, Rep. Adam Smith (D-WA), chairman of the US House Armed Services Committee, railed against the growing costs of the already well-over-budget F-35 Joint Strike Fighter program. The lawmaker argued the US should stop throwing money down that particular rathole and instead explore ways to cut the country s losses with the fighter jets.
Despite the US government awarding Lockheed Martin a $712 million contract for F-35 cockpit upgrades in December 2018, the actual cost for the defense company to redesign the fighter jet s cockpit computer may amount to some $1.28 billion, Bloomberg reported on Tuesday, citing disclosures from the Government Accountability Office (GAO).