Lockheed's Tracking Of F-35 Costs Faulted

Team Infidel

Forum Spin Doctor
Baltimore Sun
June 3, 2008
Lockheed Martin Corp.'s system for tracking costs and schedules has generated "useless" or "suspect" data on the F-35 Joint Strike Fighter ever since the program started in 2001, according to a Pentagon review. The system at Lockheed's plant in Fort Worth, Texas, was deficient in 19 of 32 criteria that the Pentagon requires contractors use to track their programs, according to the Pentagon's Defense Contract Management Agency. This system tracks costs for the $298.8 billion F-35 stealth fighter jet, the Pentagon's most expensive weapons program, as well as Bethesda-based Lockheed's $65.2 billion F-22 fighter program. The 48-page report was prepared for the Pentagon's top weapons buyer, Undersecretary for Acquisition and Technology John Young. It was delivered in November and hasn't been released.
 
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