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Thursday, June 23, 2011

Lockheed turns the corner

F-35 Lightning IILockheed Martin and its U.S. military partners are attempting to counter at the Paris Air Show this week negative publicity over cost overruns and technical delays that have plagued the F-35 Lightning II stealth fighter aircraft project.

Senior project officials told reporters and analysts at a well-attended briefing here they have “turned the corner” in the troubled development of the strike aircraft.

Cost issues became a point of contention during the recent Canadian election campaign because of the federal government’s plan to spend $9 billion to acquire 65 of the aircraft, with delivery expected to start in 2016.

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