Pentagon says F-35 engine fix will be minimal

• Following an earlier report which stated Pratt & Whitney (UTX -0.1%) will begin testing a design change on the engine of Lockheed Martin's (LMT -0.1%) F-35, Pentagon chief arms buyer Frank Kendall has now announced that the cost of the fix will be minimal.
• "I am getting, over time, more confident that we've got our arms around that problem and are solving it," says Kendall. "I don’t think it’s going to be a huge cost. I think it's a relatively minor cost."