Lockheed Risks $800 Million Withheld Over New F-35 Software
Written by Black Hot Fire Network on September 12, 2023
Lockheed Martin may see more than $800 million in payments withheld through next June until it wins approval for the software powering its most advanced version of the F-35, according to newly disclosed delivery figures. From a report: The No. 1 US defense contractor is on tap to finish production of about 52 of the upgraded TR-3 model fighter jets by Dec. 31 and approximately 12 per month after that, or 72 more by June . . .
