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Lockheed CEO Tells Trump The Company Will Add 1,800 US Jobs And Reduce F-35 Costs
Lockheed Martin CEO Marillyn Hewson emerged from a meeting with President-elect Donald Trump Friday pledging to bring down the cost of the F-35 Lightning II and promising to hire more than 1,800 additional workers at the Fort Worth plant.
Trump has been in a dogfight with Lockheed Martin over the F-35 program, questioning its costs and capabilities. Last month he went on Twitter to say that the stealth fighter’s costs were “out of control” and he talked about replacing it with a comparable F-18 Hornet built by Boeing.
“We had the opportunity to talk to him about the F-35 program and I certainly share his views that we need to get the best capability to our men and women in uniform and we have to get it at the lowest possible price,” Hewson said outside the Trump Tower in Manhattan.
“So I’m glad I had the opportunity to tell him that we are close to a deal that will bring the cost down significantly from the previous lot of aircraft to the next lot of aircraft and moreover it’s going to bring a lot of jobs to the United States,” Hewson said.
Hewson went on to add that Lockheed will hire about 1,800 additional employees in Fort Worth where the F-35 is being built. Previously the company said it planned to hire 1,000 more employees as production ramped up.
“In fact we are going to increase our jobs in Fort Worth by 1,800 jobs and when you think about the supply chain across 45 states in the U.S. it’s going to be thousands and thousands of jobs,” Hewson said. “And I also had the opportunity to give him some ideas on things we think we can do to continue to drive the cost down on the F-35 program, so it was a great meeting.”
Lockheed Martin has been working to drive down the cost of the F-35 to about $85 million within the 2019 – 20 time frame. The plant employs 14,000 workers in Fort Worth with about 8,800 working on the F-35.
Local plant officials declined to comment on what Hewson said Friday.
It was the second day of good news regarding the F-35 for U.S. Rep. Kay Granger, who praised the U.S. Air Force’s decision Thursday to place the first squadron of F-35 at the Naval Air Station Joint Reserve Base.
“The announcement that the latest F-35 contract will create an additional 1,800 jobs in Fort Worth is great news,” Granger, a Fort Worth Republican, said. “I’m committed to working with the new Administration, the Department of Defense and Lockheed to ensure that costs for the F-35 continue to come down so that we can increase production and continue to create important manufacturing jobs in North Texas and throughout the country.”
©2017 the Fort Worth Star-Telegram. Distributed by Tribune Content Agency, LLC.
The White House doctor still under investigation for doling out pills like a ‘candy man’ is now running for Congress
Ronny Jackson, the former White House physician and retired Navy rear admiral who had a short run as the nominee for the Department of Veterans Affairs in 2018, now plans to run for a seat in Congress.
University of Phoenix to pay $191 million for lying to troops about its close ties with major companies
WASHINGTON (Reuters) - The University of Phoenix, which is owned by Apollo Education Group, has agreed to pay $191 million to settle charges that it falsely advertised close ties with major U.S. companies that could lead to jobs for students, the Federal Trade Commission said on Tuesday.
The University of Phoenix will pay $50 million to the FTC to return to consumers and cancel $141 million in student debt.
Some of the advertisements targeted military and Hispanic students, the FTC said.
As UCF research associate Shane Reynolds guides his avatar over a virtual minefield using his iPad, small beeps and whistles reveal the location of the scourge of the modern war zone: Improvised Explosive Devices, or IEDs. He must take his time to sweep every last inch of the playing field to make sure his character doesn't miss any of the often-deadly bombs.
Despite his slow pace, Reynolds makes a small misstep and with a kaboom! a bomb blows up his player, graphically scattering body parts.
The Navy has posthumously awarded aviator and aircrewman wings to three sailors killed in last week's shooting at Naval Air Station Pensacola.
"The selfless acts of heroism displayed by these young Sailors the morning of Dec. 6 are nothing short of incredible," Chief of Naval Air Training Rear Adm. Daniel Dwyer said in a statement.