Lockheed Martin Aeronautics poster. Credit: Lockheed Martin Corp. Russo-Ukrainian War Leads to Titanium Shortage: Lockheed Martin Sues Supplier
For almost 20 years, Howmet has been supplying Lockheed Martin and its subcontractors the titanium materials in conformance with the contract, the complaint states, but Howmet informed Lockheed Martin in November it would stop supplying materials at the prices specified.
December 01, 2023 at 03:28 PM
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Contractual Disputes
Holland & Knight attorneys representing Lockheed Martin Corp. sued a key supplier to the manufacture of the F-35 Lightning II, claiming its demand to renegotiate prices on titanium parts breaches their contract.
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