DOD official shows fresh optimism on F-35 cost

[ErnstBlofeld]

Flight Global/Stephen Trimble:

 

A senior Department of Defense (DOD) official says Lockheed Martin is now on track to reduce the cost of each F-35 by as much as 6.25% only four months after the programme confirmed a major cost breach.

 

The remarks by Frank Kendall, principal deputy undersecretary of defense for acquisition, technology and logistics, represent a massive turnaround by DOD leadership since reporting a Nunn-McCurdy cost overrun in June and restructuring the programme last February.

 

Instead, Kendall, addressing the Common Defense (ComDef) 2010 conference on 8 September, cited the F-35 as a key example of what Secretary of Gates Robert Gates means about making the defence industry produce more with less.

 

 

Edited September 23, 2010 by Rheo
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