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F-35 airplane: LRIP 5 contract of JSF program

Washington, Usa - Reached a tentative agreement on key terms

The Department of Defense and the Lockheed Martin Corporation have reached a tentative agreement on key terms of the 5th F-35 Low Rate Initial Production contract, known as "LRIP 5", which will enable award of an Undefinitized Contract Action (UCA). The key terms include agreement on a fixed-price type contract vehicle and a concurrency clause where DOD and Lockheed Martin will share responsibility...

fra/pec - 1136205

AVIONEWS - World Aeronautical Press Agency
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