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Wednesday, February 24, 2010
Air Force Budgets About $1 Billion for Lockheed Missile by 2015
The U.S. Air Force has budgeted almost $1 billion through 2015 to buy more Lockheed Martin Corp. cruise missiles, saying it has confidence that the weapon’s reliability problems are under control.
The $963.7 million in planned orders in the fiscal years 2011-2015 budget plan includes $215.8 million for next year.
“We believe we are getting the program back on track, so we are confident enough to put the money into” it, said Lieutenant General Mark Shackelford, the service’s weapons buyer.
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