[Reuters] – The U.S. Defense Department and top suppliers on the $392 billion F-35 fighter program are developing a plan to drive down the cost of the Pentagon’s most expensive weapons program, the head of enginemaker Pratt & Whitney told Reuters. The project uses an “innovative” new mechanism to encourage companies to invest their own funds to lower production costs, Dave Hess, president of Pratt & Whitney, told Reuters in an interview on Thursday, ahead of his … [visit site to read more]
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