Pentagon Issues 90-Day Stop-Work Order on GE’s F-35 Engine
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The U.S. Defense Department today told General Electric Co. and Rolls-Royce Group Plc to halt work on a second engine for the F-35 Joint Strike Fighter until there is more explicit direction from Congress.
The order applied immediately for 90 days and stopped the expenditure of $1 million a day for an engine the military has said consistently since fiscal 2007 that it doesn’t want, the Pentagon said in a statement.