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F-35 jet deliveries can resume following waiver for Chinese-origin alloy, Pentagon says

Stock Markets Oct 08, 2022 02:30PM ET
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© Reuters. FILE PHOTO: A Lockheed Martin F-35 aircraft is seen at the ILA Air Show in Berlin, Germany, April 25, 2018. REUTERS/Axel Schmidt/File Photo/File Photo/File Photo
 
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By Mike Stone

WASHINGTON (Reuters) - Deliveries can resume for Lockheed Martin Corp (NYSE:LMT)'s F-35 jet under a waiver allowing Chinese-origin alloy to go into an engine part, the Pentagon said on Saturday.

In September the Pentagon stopped accepting new F-35 jets after it discovered a magnet in the stealthy fighter's engine was made with unauthorized material from China.

The waiver, signed Oct. 8 by William LaPlante, the Pentagon's chief weapons buyer, allows an alloy in the engine's lubricant pump that does not comply with U.S. procurement laws. Those bar unauthorized Chinese content in the jet.

The acceptance of the aircraft is necessary for national security interests, LaPlante said in a statement, adding that the determination applies until the last aircraft under the contract is accepted, currently projected for October 2023.

The pump supplier, Honeywell International Inc (NASDAQ:HON), will work to find an alternative source for the metal and use that in future lubricant pumps.

The magnet does not transmit information or harm aircraft, and that there are no security risks involved.

Lockheed Martin, which manufactures the jets, had said the issue was "related to a magnet on the F-35 Turbomachine manufactured by Honeywell that includes cobalt and samarium alloy."

An alternative source for the alloy will be used in future, the Joint Program Office said in its statement.

There are other Chinese-origin magnets on the jet that have received waivers from past Pentagon officials.

F-35 jet deliveries can resume following waiver for Chinese-origin alloy, Pentagon says
 

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Comments (6)
Chee kong Thien
Chee kong Thien Oct 09, 2022 1:19AM ET
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No guts! Stop buying!
John Shiels
John Shiels Oct 08, 2022 5:33PM ET
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See, these effing politicians didn’t give a d’a’m’n’ about our national security. That’s why we need term limits and abolish permanent government positions. They effed U.S..
Erik Ooi
Erik Ooi Oct 08, 2022 5:06PM ET
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Cracks lines seen in Pentagon
kevin lin
kevin lin Oct 08, 2022 4:43PM ET
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I want one of those F35!
Chad Richer Than You
Chad Richer Than You Oct 08, 2022 3:13PM ET
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The blast on the Crimean bridge made my weekend. The Ukrainian Kamikaze goes straight to heaven. Let's see a blast in the Moscow metro next.
Erik Ooi
Erik Ooi Oct 08, 2022 3:13PM ET
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Tit for Tat - both had the power to inflict pains, both loses, no winner
Warm Camp
Warm Camp Oct 08, 2022 2:36PM ET
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Cobalt is a strategic metal with worldwide production fully controlled by Chinese companies. What if China blocks exporting it to US, the same as Biden does to advanced chip exports to China? In the meantime, the same Biden’s administration continues blocking mining projects in US, which could produce strategic metals here, not in China.
Brad Albright
Brad Albright Oct 08, 2022 2:36PM ET
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Get your facts straight. China's global production share of Cobalt is 14%. It is invested, in whole or in part, in 70% of global production.  If China managed to cut the US off of 70% of the worlds' cobalt (with the coercion or cooperation of other nations), U.S. import needs would still be met by Canada and Australia. As for domestic mining, ask the people of Idaho if they are up for it.
Warm Camp
Warm Camp Oct 08, 2022 2:36PM ET
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Brad Albright  At least, your misleading narration still admitted that US mining is blocked. Talking about Chinese control, my message said specifically that Chinese companies control production worldwide. It was said purposely, knowing that ignorant folks will try to *****the message and the messenger. Chinese companies control cobalt production in Africa, where most of the metal produced now. Understood?
Stephen Fa
Stephen Fa Oct 08, 2022 2:36PM ET
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So many other metals China controls over 50%. The point is not lost.
Warm Camp
Warm Camp Oct 08, 2022 2:36PM ET
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Stephen Fa  China produces about 70% of cobalt metal and alloys. Africa (Congo) supplies cobalt ore/concentrate only. The metal smelting/refinery done in China. Of course, brad does not know the difference between ore and metal.
Brad Albright
Brad Albright Oct 08, 2022 2:36PM ET
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Most, all... Why quibble about the meaning of words when your objective is not precision anyway?
 
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