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Lockheed martin team wins joint strike fighter competition. (American Forces Press Service).

By Garamone, Jim
Publication: Program Manager
Date: Thursday, November 1 2001

WASHINGTON, Oct. 26, 2001 - Lockheed-Martin has won the largest military contract ever - a possible $200 billion company to build the Joint Strike Fighter.

Air Force Secretary Jim Roche said on the basis of strengths, weaknesses, and degrees of risk of the program, that the Lockheed Martin team was the winner on a "best-value" basis. He said Lockheed Martin was a clear winner over the team led by Boeing.

Total cost of the contract to enter the systems development and demonstration phase is $19 billion. Pratt and Whitney has a $4 billion contract to design an

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