Lockheed’s F-35 Lot 9 Expenses Outpace DOD Awards

Credit: Lockheed Martin
Lockheed Martin’s chief financial officer says the Pentagon’s $1 billion undefinitized cash injection into the F-35 Joint Strike Fighter program in August to support Lot 9 production was not enough to offset expenditures in the third quarter as the company continues to pay suppliers out-of-pocket...

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