Pentagon says will sign F-35 deal with Lockheed

WASHINGTON Wed Dec 12, 2012 11:01am EST

The U.S. Marine Corps version of Lockheed Martin's F35 Joint Strike Fighter, F-35B test aircraft BF-2 flies with external weapons for the first time over the Atlantic test range at Patuxent River Naval Air Systems Command in Maryland in a February 22, 2012 file photo. REUTERS/Lockheed Martin/Handout

The U.S. Marine Corps version of Lockheed Martin's F35 Joint Strike Fighter, F-35B test aircraft BF-2 flies with external weapons for the first time over the Atlantic test range at Patuxent River Naval Air Systems Command in Maryland in a February 22, 2012 file photo.

Credit: Reuters/Lockheed Martin/Handout

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WASHINGTON (Reuters) - The U.S. Defense Department said it will sign a contract with Lockheed Martin Corp on Friday for a fifth group of F-35 Joint Strike Fighter jets, a long-awaited deal that moves forward the most costly weapons program in U.S. history.

The Pentagon also said it expects to reach an agreement soon with Lockheed on early funding for a sixth group of F-35s, a step that could help reduce a potential $1.1 billion liability the weapons maker faced from work it had already done on the jets without a signed contract.

(Reporting by Andrea Shalal-Esa; Editing by Jeffrey Benkoe)

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Comments (2)
zhanyeye wrote:
Deficit not with standing, we got money to burn!

Dec 12, 2012 1:27pm EST  --  Report as abuse
looks like they’ve maxed out on cost overruns and now it’s time to waste taxpayer money on hardware that is useless against our enemies who live in ghettos and use ak-47 rifles.

Dec 12, 2012 4:08pm EST  --  Report as abuse
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