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Friday, March 30, 2012

Boeing Lobbies for $2 Billion in Jets as Lockheed Delayed

[F-18 Super Hornet]Boeing Co. is pressing U.S. lawmakers to back production of as many as 37 additional Super Hornet fighter jets valued at about $2.5 billion, as the Pentagon delays Lockheed Martin Corp.’s new F-35.

Boeing is lobbying for a $60 million increase in the Navy’s fiscal 2013 budget for advance purchases of materials to keep building F/A-18 E/F Super Hornets beyond 2015.

The money would avert a shutdown of the fighter’s assembly line and might help reduce a shortage in jets the Navy needs, according to a document the company distributed on Capitol Hill.

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