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You are here: Home / Government Contracting News / The poster child for doing procurement the wrong way

March 6, 2014 By AMK

The poster child for doing procurement the wrong way

Lockheed Martin Corp.’s F-35 Joint Strike Fighter isn’t going anywhere. But members of the House Armed Forces Committee don’t have to be happy about it.

That was the message from ranking member U.S. Rep. Adam Smith, D-Wash., and U.S. Rep. Randy Forbes, R-Va., during a panel discussion Wednesday at the Bloomberg Government’s Defense Transformation conference.

“I hate to say this without laughing, but it’s better than it was,” said Smith. “The F-35 is the poster child for doing procurement the wrong way, but to the extent possible, they’ve cleaned up. It will replace 90 percent of fighter aircraft. It’s going forward. There’s no scenario where we’d scrap it at this point.”

Keep reading this article at: http://www.bizjournals.com/washington/blog/fedbiz_daily/2014/02/lockheeds-f-35-the-poster-child-for.html?page=all 

Filed Under: Government Contracting News Tagged With: acquisition reform, acquisition strategy, competition, DoD, procurement reform

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