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Lockheed’s Statement on the F-22 (Et Al.)

After my wrap-up piece on the defense budget was published, Lockheed Martin’s spokesman for the F-22 Raptor program, Rob Fuller, got back to me with a statement

Jul 31, 2020
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After my wrap-up piece on the defense budget was published, Lockheed Martin’s spokesman for the F-22 Raptor program, Rob Fuller, got back to me with a statement about how the F-22′s manufacturer views Defense Secretary Bob Gates’ decision to halt the program at 187 planes:
“Today, Secretary Gates announced the Department of Defense’s priorities for the future. Several Lockheed Martin programs, including F-22, F-35, VH-71, LCS, and TSAT were discussed. We’re assessing the impact of the Secretary’s decisions on all affected programs. As we move forward with the budget process, Lockheed Martin will continue to support our customers and work to deliver affordable solutions that meet their strategic and operational needs.”
Black Monday for Lockheed? Not quite.
The F-22, TSAT satellite and VH-71 presidential helicopter were axed. But Gates hugged the F-35 Joint Strike Fighter and the Littoral Combat Ship tightly. I suppose putting out a statement on all these programs at once is Lockheed’s version of presenting a stiff upper lip. And with justification.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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