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.
The Space Development Agency says it’s on track to issue its next batch of missile warning and tracking satellite contracts this month after those awards were delayed by the Pentagon’s decision to divert funds from the agency to pay troops during this fall’s prolonged government shutdown.
