Durham Says Lockheed Waste Charges Backed By GAO Probe
Marietta resident Henry Durham has long accused Lockheed-Georgia of waste on the C5 jet project. GAO plans to forward findings to Sen. Proxmire, with some charges substantiated and others lacking documentation, as Durham faces personal and professional fallout in his war with the company amid its financial troubles.
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Lockheed TriStar Flight Tests With Big Orders
Lockheed’s TriStar jet completed a one hour preview flight from LaGuardia as the firm plans to deliver jets to Eastern and Trans World Airlines after FAA certification. Lockheed aims to build 340 TriStars at a high cost, with an initial firm order for 105 and options for 49 more, amid past financial troubles supported by government loans.
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