U.S. Defense Department to Stop Work on GE Fighter Jet Engine
By Roxana Tiron and Tony Capaccio - Mar 23, 2011 7:57 PM ET
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The U.S. Defense Department is expected to issue an order tomorrow for General Electric Co. (GE) and Rolls Royce Group Plc. to halt work on the second engine for the F-35 Joint Strike Fighter.
The Pentagon’s acquisition chief, Ashton Carter, will issue a stop work order on the F136 jet engine, made by a team of GE and Rolls Royce, according to industry and defense officials who were not authorized to discuss the announcement in advance.
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U.S. Defense Department to Stop Work on GE Fighter Jet Engine - Bloomberg
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