Air Force Grounds Lockheed Jets Over Oxygen Concerns

Law360, New York (May 6, 2011, 6:03 PM EDT) -- The U.S. Air Force on Tuesday said it had grounded its 158-aircraft fleet of Lockheed Martin Corp.-manufactured F-22 Raptor fighter jets in response to recent reports of potential oxygen system malfunctions.

Gen. William M. Fraser III, commander of the Air Force's Air Combat Command, directed the stand-down until further notice, allowing officials to investigate those reports and “ensure crews are able to safely accomplish their missions,” an ACC spokeswoman said Friday.

“The safety of our airmen is paramount, and we will take the necessary time to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.