Rapid Fire 2010-02-02: JSF Woes

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* Taiwan prepares to order a $6.45 billion weapons package, sparks predictable diplomatic huffing. * The Pentagon plans to replace the official in charge of the F-35 JSF program and withhold $614 million in performance fees from Lockheed Martin for failing to meet key goals. At the same time Pratt & Whitney delivered the 1st F135 production engine for the F-35 aircraft. * Sikorsky is investing $1 billion to develop an unmanned Black Hawk helicopter, which it hopes to have ready by 2015. * USS George H.W. Bush [CVN 77] redelivered; its strike group will soon have the first female CSG commander in US Navy history. * Shares of major US defense companies gained in trading following the unveiling of the Obama administration’s FY 2011 defense budget that would increase defense spending by 3.4%. * The US Missile Defense Agency (MDA) had another setback in its effort to build a ballistic missile defense, when its Sea-Based X-band radar failed to track a target missile during a test at the Kwajalein Atoll in the South Pacific. MDA is also looking for a supplier for its target missiles. * Prime contractor CSC gets $261 million in orders to provide IT and logistics […]

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