Lockheed Behind on F-35 Deliveries, in Danger of not Meeting Delivery of 36 Jets in 2014

Lockheed Martin Corp on Monday confirmed that it had delivered just 22 of 36 F-35 fighter jets promised to the U.S. government this year, but had a plan to complete work on the remaining 14 warplanes over the next two months.

"We are not giving up on delivering 14 more aircraft this year," Lockheed spokesman Mike Rein told Reuters when asked about delays in deliveries. "We'll get there."

A source familiar with the $399 billion Joint Strike Fighter program, the Pentagon's costliest weapons project, said slower-than-expected deliveries had sparked concern about whether Lockheed would meet its delivery target of 36 jets for the full year. The company could lose incentive fees if it does not, said the source, who was not authorized to speak publicly.

The Pentagon's F-35 program office had no immediate comment on the issue.

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NASA Announces 11 Month Space Launch System Delay

NASA just announced an 11-month delay in the first Space Launch System flight from December 2017 to November 2018 in the fourth paragraph of a press release.

This decision comes after a thorough review known as Key Decision Point C (KDP-C), which provides a development cost baseline for the 70-metric ton version of the SLS of $7.021 billion from February 2014 through the first launch and a launch readiness schedule based on an initial SLS flight no later than November 2018.

The full press release is below.

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