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USAF F-22 award

The US Air Force has awarded Lockheed Martin $1.2 billion as part of a restructured F-22 Raptor engineering and manufacturing development (EMD) effort. The USAF says that the award is in response to recommendations from the Joint Estimate Team (JET), formed to guard against cost overruns in the advanced tactical fighter project. In February, the JET concluded that F-22 EMD would require more time and funding to reduce risk before it enters production.

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