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Defense News: Here’s what Lockheed will have to do to make up for F-35 spare parts problems
WASHINGTON — The Defense Department and Lockheed Martin reached a handshake agreement that will require the defense giant to invest about $70.6 million to fix an ongoing problem with F-35 spare parts, one that resulted in increased government labor costs, the department announced Sept. 29.
For the past few months, Lockheed and the Defense Contracts Management Agency have been locked in a dispute over more than 15,000 F-35 spare parts sent to the U.S. military with incorrect or incomplete “electronic equipment logs” or EELs, which allow the parts to be absorbed into the F-35′s logistics system and installed on the jet.
Lockheed and the Defense Contracts Management Agency expect a final agreement to be formalized sometime within the next two weeks or so, said DCMA spokesman Matthew Montgomery, who confirmed the $70.588 million deal to Defense News.
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WNU Editor: A handshake agreement to fix this problem?
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