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Pentagon OKs funds to preserve F-22 line
 WASHINGTON (Reuters) - The Pentagon released on Wednesday $50 million in an effort to keep Lockheed Martin Corp's F-22 fighter production line humming until President-elect Barack Obama can decide the fate of the top-of-the-line U.S. warplane."These funds provide a bridge to a January decision by the next administration," John Young, the Pentagon's chief weapons buyer, said in clearing the Air Force to buy parts that must be ordered well in advance for four more F-22s. Congress provided $140 million in the fiscal 2009 defense budget for "long lead" parts for up to 20 F-22s to keep the line open pending a decision by Obama, who will be sworn in as president on January 20. In releasing only about a third of the congressionally approved funding for advance procurement of such things as titanium bulkheads, Young left it to the next administration to use the rest of the $140 million as it saw fit. "Industry has indicated that four aircraft of Advance Procurement now, and additional Advance Procurement in January, will bridge the F-22 line with little or no additional cost to the taxpayer if additional F-22s are purchased," he said through Chris Isleib, his spokesman. Posted by: Steve White 2008-11-13 |
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