Wednesday, March 25, 2015

LM to lose F-35 incentive fee money



Lockheed likely to lose some incentive over F-35 software delay

Mar 24 2015, 15:49 ET | About: Lockheed Martin (LMT) | By: Carl Surran, SA News Editor

Lockheed Martin (LMT +0.4%) likely will lose part of a $300M incentive fee because of software problems in the first batch of F-35 fighter jets being delivered to the Marine Corps. this summer, according to a senior Pentagon official.

H/T- JSF News

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