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Wednesday, June 05, 2013

Lockheed Martin F-35s Approved by House Spending Panel

F-35 Lightning IIThe House panel that approves defense funding has produced a draft budget that bankrolls all 29 F-35 jets that the Pentagon requested for the fiscal year beginning Oct. 1.

The approval for the fighters made by Lockheed Martin Corp is the highest-profile action on weapons systems in the proposal released today by the House defense appropriations subcommittee.

The panel is scheduled to adopt the funding proposal tomorrow. The full appropriations committee hasn’t yet scheduled a meeting to act on the measure.

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