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Pentagon Reforms Lockheed C5A Pact Details
The Pentagon announces a new contract with Lockheed that caps Lockheed losses at 200 million on the C5A jet program while the Air Force provides 61.1 million in bailout funds to keep C5A production on track. The deal costs the government about 4.5 billion for 81 aircraft, with no loan guarantees or impact on other Lockheed programs.
MENTIONED IN THIS ARTICLE
Washington
UPI
Pentagon
Lockheed Aircraft Co
Air Force
Defense Department
Jerry W. Friedheim
Friedheim
Lockheed
Defense
David Packard
Congress
Army
Navy
Packard