OTHER NEWS - Aug. 3, 1991
Lockheed Wins Fighter Job: The Air Force awarded a team led by Lockheed a $9.55-billion contract to begin development of the F-22 jet fighter. Separately, Pratt & Whitney received a contract for $1.37 billion to develop 33 of the F-22 jet engines. The two awards, which will be cost-plus-type contracts, total $11 billion. The F-22 will be the Air Force’s next generation fighter, replacing the F-15. In the development phase, Lockheed and its team of Boeing and General Dynamics will complete detailed design specifications, prepare engineering drawings and produce 11 aircraft for flight testing.
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