Checks and Balances:

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Lockheed Martin has reimbursed the Air Force the $265 million it inadvertently overcharged the service for F-35 development, with interest, company spokespersons said Wednesday. The repayment was not in the form of discounts on future purchases, foregoing progress payments, or other mechanisms commonly used in such circumstances. “We cut a check,” a company spokeswoman said.

Audio of this article is brought to you by the Air & Space Forces Association, honoring and supporting our Airmen, Guardians, and their families. Find out more at afa.org