Rapid Fire 2011-10-27: F-35 Contractual Terms | France’s Arms ExportsOct 27, 2011 08:15 UTC by Defense Industry Daily staff
- The Pentagon wants to radically change the terms of the F-35 contract, and have Lockheed Martin pay for problems discovered through testing, and fixes to already-produced aircraft. Suddenly, the Pentagon’s plan to start production before testing is done has a contractor downside, not just a political engineering upside.
- More Q3 ’11 financial results: General Dynamics, Lockheed Martin.
- Hackers hit Mitsubishi Heavy Industries, which makes Japanese fighters and missiles, and license-builds Patriot PAC-3 missiles. PCs were infected with a Trojan application designed to send data to an outside server, and an internal investigation found signs that the stolen information had been transmitted.
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