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US Air Force downgrades maintenance contract with Lockheed
Washington , USA - Costs overrun by 50%
The US Air Force has downgraded an already subscribed contract with Lockheed Martin for the replacement of the engines for 111 military transport aircraft, scaling it back from $11,1 to 7,7 billion, due to a costs overrun of more than 50% on the planned costs. The original contract, signed in 2001, laid down that Lockheed would replace the engines of 62 Galaxy C-5A aircraft, as well as of 47 C5-Bs...
AVIONEWS - World Aeronautical Press Agency - 1085916
AVIONEWS - World Aeronautical Press Agency
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AVIONEWS - World Aeronautical Press Agency