Lockheed Chief Pledges Lower Costs for F-35 Fighter Jet and Add 1,800 Jobs - News Summed Up

Lockheed Chief Pledges Lower Costs for F-35 Fighter Jet and Add 1,800 Jobs


Ms. Hewson, speaking after a meeting with Mr. Trump at Trump Tower, also pledged to add 1,800 jobs at the Lockheed Martin’s Fort Worth location, although she did not provide specifics. The government’s next contract in the F-35 project would cover 90 planes, compared with 57 in the previous batch. The increase was in the works before Mr. Trump was elected, and other Lockheed officials said the added positions would come as production increases. But the cost of building the next-generation fighter jet, the F-35 Joint Strike Fighter, has been a sore point for the Defense Department for years. Mr. Trump has criticized the cost and promised to make changes to the program.


Source: New York Times January 13, 2017 20:04 UTC



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