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.
May 23, 2022
The Department of the Air Force announced the retirements of several key leaders within the Air Force and Space Force on May 23, while also unveiling more than a dozen new assignments for current or future one-star generals.