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Pentagon stops accepting F-35 jets to check for Chinese content

By Mike Stone WASHINGTON (Reuters) - The U.S. Pentagon has stopped accepting new F-35 jets after it discovered a magnet used in the stealthy fighter's engine was made with...
Pentagon stops accepting F-35 jets to check for Chinese content © Reuters. FILE PHOTO: The Pentagon building is seen in Arlington, Virginia, U.S. October 9, 2020. REUTERS/Carlos Barria/File Photo

By Mike Stone

WASHINGTON (Reuters) - The U.S. Pentagon has stopped accepting new F-35 jets after it discovered a magnet used in the stealthy fighter's engine was made with unauthorized material from China, a U.S. official said on Wednesday.

An investigation that gathered steam in mid-August found that an alloy in the engine's lubricant pump did not comply with U.S. procurement laws that bar unauthorized Chinese content, said Pentagon spokesperson Russell Goemaere.

Goemaere confirmed the magnet does not transmit information or harm aircraft, and that there are no risks involved.

Lockheed Martin (NYSE:LMT), which manufactures the jets, said "the issue is related to a magnet on the F-35 Turbomachine manufactured by Honeywell that includes cobalt and samarium alloy." Honeywell International Inc (NASDAQ:HON), who makes the pump, said it "remains committed to supplying high-quality products that meet or exceed all customer contract requirements."

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 which have received waivers from past Pentagon officials.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

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EUR/USD

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USD/JPY

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USD/CAD

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
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SJC 1c, 2c, 5c7,380/ 7,550
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SJC 0,5c7,380/ 7,560
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SJC 99,99%7,370/ 7,470
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(0/ 0) # 386
Cập nhật 01-05-2024 10:45:19
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JPY156,74166,02
KRW15,9219,31
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