U.S. Navy says no to Lockheed bonus
Lockheed Martin officials have no comment on having missed major milestones in the development of the VH-71, resulting in its being denied a bonus by the U.S. Navy. The award fee "was dependent upon successful completion of key design milestones during the first year of the program," says Naval Air...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.