Pentagon OKs Funds To Preserve F-22 Line -- Reuters
WASHINGTON (Reuters) - The Pentagon released on Wednesday $50 million in an effort to keep Lockheed Martin Corp's F-22 fighter production line humming until President-elect Barack Obama can decide the fate of the top-of-the-line U.S. warplane.
"These funds provide a bridge to a January decision by the next administration," John Young, the Pentagon's chief weapons buyer, said in clearing the Air Force to buy parts that must be ordered well in advance for four more F-22s.
Congress provided $140 million in the fiscal 2009 defense budget for "long lead" parts for up to 20 F-22s to keep the line open pending a decision by Obama, who will be sworn in as president on January 20.
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My Comment: This will probably be one of many programs that a President Obama will cancel.