1 posts categorized "aerospace and defense"

Air Force F-22 Raptor Down and the F-35 Prospects

After $361 million and one highly capable test pilot down, Mohave had a really bad day. Edwards AFB lost a F-22 fighter jet yesterday, which is the second Edwards crash on this craft since 2004.

This is not great news given the economy and the state of uncertain funding. Accounting for roughly 95,000 jobs, this is worth a look. Of note, the Joint Strike Fighter Project definitely has a lower target production price at $83 million.

More information on the impact and financial stakes held by Lockheed Martin, United Technology's Pratt and Whitney and Boeing can be viewed on Market Watch.

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