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Saturday, March 13, 2010

Fixed-price contract for the initial production phase of the F-35
The Pentagon has announced that it will shift to a fixed-price contract in its negotiations with Lockheed Martin for the initial production phase of the F-35.

The department also will conduct an internal analysis of what the full production cost should be to better negotiate with the contractor, said Ashton B. Carter, undersecretary of defense for acquisition, technology, and logistics.

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