Lockheed Martin has reimbursed the Air Force the $265 million it inadvertently overcharged the service for F-35 development, with interest, company spokespersons said Wednesday. The repayment was not in the form of discounts on future purchases, foregoing progress payments, or other mechanisms commonly used in such circumstances. “We cut a check,” a company spokeswoman said.
The last remaining T-1 Jayhawk at JBSA-Randolph, Texas, took its final flight to the "Boneyard" at Davis-Monthan Air Force Base, Ariz., on July 15. The 99th Flying Training Squadron will train pilots using T-6 and simulator until it gets T-7 Red Hawk in fiscal 2026.