Pentagon Completing Lockheed Talks on Next F-35 Contract

The Pentagon’s long-running negotiations with Lockheed Martin Corp. over the next F-35 production contract may wrap up soon, the military’s top weapons buyer said.

“We’ve gotten a lot closer, and I’m hopeful we’ll have a settlement before too much time goes by,” Undersecretary for Acquisition Frank Kendall told reporters yesterday at the Pentagon.