After years of Lot-over-Lot price reductions on the F-35, it will be hard to drive them much lower in the next negotiation, Greg Ulmer, Lockheed Martin executive vice president for aeronautics, told defense writers on Feb. 19. Ulmer said the next three lots will include ...
Lockheed Martin and the Pentagon are negotiating the next three lots of F-35 production, expecting a contract by the end of the fiscal year, the Joint Program Office reported. The negotiating strategy calls for a “base year” contract followed by two options, likely to allow ...