After a pause, the Pentagon will try again to cut an F-35 Performance-Based Logistics Contract with Lockheed Martin, defense officials told a congressional panel. The company didn’t offer enough cost or performance savings, and government negotiators were overwhelmed with the amount of data to review ...
New F-35s are coming off the production line with the TR-3 upgrade and going right into storage because testing is incomplete. Next lot negotiations are continuing, but talks over a performance-based logistics contract have stalled.
A new F-35 sustainment contract to Lockheed Martin “paves the way” toward a performance-based logistics contract that the company has been angling for since 2019 and is worth $6.6 billion if all options are exercised. But all bets are off about hitting the Air Force’s ...
Sustainment of the F-35 is rapidly becoming the most profitable part of the program, as growing numbers of jets, bases and depots drive a greater demand for parts and services, top Lockheed Martin officials said in an April 20 corporate earnings call. The comments come ...
Lockheed Martin and the U.S. government are working on a new version of the F-35 performance-based logistics deal the company pitched 18 months ago. The government was reluctant to give Lockheed as much sway over sustainment as it originally offered, but the new plan will ...