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U.S. Department of Defense approves multi-year F-22 deal, still waiting on Congress
April 10, 2006 (by
Jeff Hollenbeck) -
Chief Pentagon weapons buyer Ken Krieg approved a proposal on Thursday to enter into a multi-year contract with Lockheed Martin to purchase F-22 fighter jets. Mr. Krieg's approval allows the U.S. Air Force to request proposals related to the contract.
Purchasing the aircraft over time would save signifigant amounts of money over the current system of yearly funding, but must still be approved by Congress. Some Capitol Hill lawmakers are concerned about the loss of congressional control that would accompany such a long-term contract.
The contract would cover approximately sixty F-22 fighter jets over three years and would be worth over $12 billion. The F-22 is a low-observable, fifth generation fighter which has been judged by the U.S. Air Force to be at least four times as effective as the F-15 Eagle it replaces.
The contract would cover approximately sixty F-22 fighter jets over three years and would be worth over $12 billion. The F-22 is a low-observable, fifth generation fighter which has been judged by the U.S. Air Force to be at least four times as effective as the F-15 Eagle it replaces.
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