Frank Kendall, undersecretary of defense for acquisition, yesterday warned Lockheed Martin (LMT)...

|About: Lockheed Martin (LMT)|By:, SA News Editor

Frank Kendall, undersecretary of defense for acquisition, yesterday warned Lockheed Martin (LMT) that when it comes to the Pentagon with "an initiative or proposed solution to a problem" with the F-35 program, it shouldn't be "focused on a short-term business goal they are trying to accomplish." Kendall wants more of a concentration on the "execution of the program and successful delivery of the product."