U.K. MOD hits Lockheed Martin on late delivery of C-130Js
The U.K. Ministry of Defense is levying contractual penalties of up to $65 million against Lockheed Martin for delays of at least a year in deliveries of the first 25 C-130J airlifters to the Royal Air Force. Lockheed Martin Aeronautical Systems president Bill Bullock acknowledged here last week...
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