Air Force Lt. Gen. Chris Bogdan, head of the F-35 joint program office, has said the Lockheed Martin-built F-35 fighter aircraft has been on budget and on schedule since his office restructured
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Sen. John McCain (R-Arizona) has estimated that delays in the system development and demonstration phase of Lockheed Martin‘s F-35 aircraft could increase the fighter program’s cost by more than $1 billion, the Washington Examiner reported
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The U.S. Navy has established an affordability plan that sets its annual budget for new Ford-class aircraft carriers at $25 million beginning 2017 to address concerns over cost overruns, DoD Buzz reported
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Sen. John McCain (R-Ariz.), chairman of the Senate Armed Services Committee, has highlighted two provisions in the defense authorization bill that aim to reform the Defense Department‘s acquisition practices, the National Journal reported
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