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Air Force

Pentagon Holds F-35 ‘Should-Cost’ Talks With Lockheed Martin

Defense Daily Staff

Thursday, November 3rd, 2011

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The Pentagon held two days of talks with Lockheed Martin [LMT] this week to present its “should-cost” estimate for the fifth low-rate initial production (LRIP) phase for the F-35 Joint Strike Fighter, the program office said yesterday. The should-cost estimate serves as the basis for government negotiations with Lockheed Martin about the cost of the LRIP 5 production, said Joe DellaVedova, the spokesman for the F-35 Joint Program Office. It was arrived at through a Defense Department and JPO study…

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