Chronically high operating costs might be tamed with a new deal. A new sustainment contract between the F-35 Joint Program Office (JPO) and Lockheed Martin, inked in September, will give the company a chance to bring down operating costs over the next three years.
Performance Based Logistics
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 ...
The F-35's program director promised Congress an F-35 sustainment strategy this summer, but said it's unlikely he'll achieve the elusive goal of $25,000 cost per flying hour by 2025. Negotiating three one-year sustainment deals is a "carrot" to get a better deal from Lockheed Martin ...
Due to pandemic-related slowdowns, Lockheed Martin expects to deliver 122 F-35s in calendar year 2020—20 less than planned, company executive vice president for aeronautics Michele A. Evans said in a Sept. 9 interview. The tally will be gradually made up over two years, in order ...
