Machine Tool Co. Bankruptcy Sends Ripple Through JSF Program By James Ott July 27, 2003 MONKEY Wrench After winning the $18.9-billion contract to build the Joint Strike Fighter (JSF), Lockheed Martin Aeronautics Co. in the summer of 2002 placed a $12.3-million order with Ingersoll Milling Machine Co. for custom-made machine tools to produce parts for the stealthy tactical aircraft. As of April of this year, Lockheed Martin had paid Ingersoll more than half the contract price but it still had no machines delivered. Then came the jarring news. Ingersoll had shut down. A giant in the machine tool field,...