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Senate bill requires fixed-price JSF contract

from Defense News

The defense authorization bill passed by the U.S. Senate Armed Services Committee on June 16 requires a fixed-price contract for the next F-35 Joint Strike Fighter buy, forcing the contractors to absorb any cost overruns. The Pentagon plans to buy 32 JSF aircraft in 2012: 19 for the Air Force, seven for the Navy and six for the Marine Corps. more

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