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.
Questioned by lawmakers on the state of the Air Force's maintenance depots, Vice Chief of Staff Gen. James C. "Jim" Slife said April 30 that the service is investing in IT and data infrastructure to better sustain new software-intensive platforms—while acknowledging that there is still work to be done to…