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Related: About this forumLockheed Told It Must Put F-35’s Success Over Profit
http://www.bloomberg.com/news/2012-11-13/lockheed-told-it-must-put-f-35-s-success-over-profit.htmlLockheed Told It Must Put F-35s Success Over Profit
By Tony Capaccio - 2012-11-14T05:00:02Z
Lockheed Martin Corp. (LMT) executives must put improving performance of the F-35 fighter, the Pentagons costliest program, over immediate profit, the militarys purchasing chief said.
We want to know that when they come to us with an initiative or proposed solution to a problem that its motivated by the welfare of the program and not focused on a short- term business goal they are trying to accomplish, Frank Kendall, undersecretary of defense for acquisition, told reporters yesterday at the Pentagon.
The company is in the midst of prolonged negotiations with the Pentagon on orders for the fifth batch of F-35s, and the program has faced cost overruns and testing delays. Kendall said yesterday the resignation Nov. 9 of Lockheeds incoming chief executive officer, Christopher Kubasik, because of a relationship with a subordinate wont hurt the companys dealings with the Pentagon.
Lockheed has dealt with the situation appropriately as its an internal matter, Kendall said. We are adult professionals. We come to things with our own business perspectives, and we can meet and work out deals. This stuff isnt personal.
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Lockheed Told It Must Put F-35’s Success Over Profit (Original Post)
unhappycamper
Nov 2012
OP
Kolesar
(31,182 posts)1. Can we just kill the F-35 and go back to F-18s or something else?
There is not much "value" in Luck-up's techno-marvel, IMHO
Angleae
(4,487 posts)3. Can we? Yes. The problem is China and Russia have caught up to them (F-15/16/18).
And they'll export those planes to anyone.
Kolesar
(31,182 posts)4. We're going to war with Russia and China?
Where do you sign up? Emphasis on the "second person"
Angleae
(4,487 posts)5. I've already done 8 years. When are you going?
Kolesar
(31,182 posts)6. I got you sussed ... eom
Angleae
(4,487 posts)2. I'm sure they'll get right on that.