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F-35 flight restrictions reduced; contract talks progressing

  • Restrictions on Lockheed Martin (NYSE:LMT) F-35 fighter jets have again been reduced, allowing the 20+ test planes in the U.S. fleet to fly six hours between engine inspections instead of three.
  • The jets were grounded for three weeks after a June 23 engine failure, and have since been imposed with flight limitations.
  • Contract talks between prime contractor Lockheed, and enginemaker Pratt & Whitney (NYSE:UTX) are said to be now progressing for the next batch of aircraft and engines.
Comments (2)
  • jake319
    , contributor
    Comments (87) | Send Message
     
    Delays, overruns, faulty design and workmanship. What could go wrong.
    16 Aug, 08:44 AM Reply Like
  • crazty4tennis
    , contributor
    Comments (545) | Send Message
     
    Everything!
    19 Aug, 09:22 AM Reply Like
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