September 30, 2024 | International, C4ISR, Security
September 28, 2018 | International, Aerospace
PENTAGON AND LOCKHEED MARTIN AGREE TO REDUCED F-35 PRICE IN NEW PRODUCTION CONTRACT
F-35A Aircraft Now Below $90 Million
FORT WORTH, Texas, Sept. 28, 2018 /PRNewswire/ -- The U.S. Department of Defense and Lockheed Martin (NYSE: LMT) have finalized an $11.5 billion contract for the production and delivery of 141 F-35 aircraft at the lowest per aircraft price in program history.
For the eleventh consecutive year, the cost of an F-35A was lowered. The F-35A unit price including aircraft, engine and fee, is $89.2 million. This represents a 5.4 percent reduction from the $94.3 million it cost for an F-35A in Low-Rate Initial Production Lot 10 (LRIP 10).
In LRIP 11, the F-35B unit cost was lowered to $115.5 million. This represents a 5.7 percent reduction from the $122.4 million it cost for the short-takeoff and landing variant in LRIP 10. The F-35C unit cost was lowered to $107.7 million. This represents an 11.1 percent reduction from the $121.2 million it cost for the carrier variant in LRIP 10. The LRIP 11 agreement funds 91 aircraft for the U.S. Services, 28 for F-35 International Partners and 22 for F-35 Foreign Military Sales customers. Deliveries will begin in 2019.
"Driving down cost is critical to the success of this program," said Vice Admiral Mat Winter, F-35 Program Executive Officer. "We are delivering on our commitment to get the best price for taxpayers and warfighters.
"This agreement for the next lot of F-35s represents a fair deal for the U.S. Government, our international partnership and industry. We remain focused on aggressively reducing F-35 cost and delivering best value."
With stealth technology, supersonic speed, powerful sensors, large weapons capacity and global deployment, the F-35 is the most advanced fighter aircraft ever built, enabling women and men in uniform to execute their mission and return home safely. More than a fighter jet, the F-35's ability to collect, analyze and share data, is a powerful force multiplier that enhances all airborne, surface and ground-based assets in the battlespace.
"This agreement marks a significant step forward for the F-35 program as we continue to increase production, reduce costs and deliver transformational capabilities to our men and women in uniform," said Greg Ulmer, F-35 Vice President and General Manager. "As production ramps up, and we implement additional cost savings initiatives, we are on track to reduce the cost of the F-35A to $80 million by 2020, which is equal to or less than legacy aircraft, while providing a major leap in capability."
Program Progress
The latest contract is a demonstration of the program's progress and maturity, as industry and the government now set their sights on future acquisition approaches for the next three production lots to further reduce costs.
With more than 320 aircraft operating from 15 bases around the globe – the F-35 is playing a critical role in today's global security environment. More than 680 pilots and 6,200 maintainers have been trained and the F-35 fleet has surpassed more than 155,000 cumulative flight hours. The F-35 weapons system reliability continues to improve through a combination of hardware and software improvements.
In addition to advanced capability, the F-35 provides economic stability to the U.S. and Allied nations by creating jobs, commerce and security, and contributing to the global trade balance. The F-35 is built by thousands of men and women in America and around the world. With more than 1,500 suppliers in 46 states and Puerto Rico, the F-35 program supports more than 194,000 direct and indirect jobs in the U.S. alone. The program also includes more than 100 international suppliers, creating or sustaining thousands of international jobs.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. This year the company received three Edison Awards for ground-breaking innovations in autonomy, satellite technology and directed energy.
SOURCE Lockheed Martin Aeronautics Company
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December 20, 2018 | International, Aerospace
Future EU space programme
Council agrees its position on future EU space programme The EU is establishing its future space policy programme for the years 2021-2027. EU ambassadors meeting in Coreper on 19 December agreed on the Council's position on the draft regulation on an EU space programme. This position enables negotiations to begin with the European Parliament. The agreed text does not cover financial and horizontal issues which are being discussed as part of the negotiations on the next multiannual financial framework (MFF) for the period 2021 to 2027. Space plays an increasingly important role in our everyday life. Space-related inventions and services are already changing the way we live and work. The European Union is determined to keep the leading edge and the place it deserves in the global space economy. Norbert Hofer Federal Minister for Transport, Innovation and Technology of Austria The new regulation will ensure: high-quality, up-to-date and secure space-related data and services; greater socio-economic benefits from the use of such data and services, such as increased growth and job creation in the EU; enhanced security and strategic autonomy of the EU; a stronger role for the EU as a leading actor in the space sector. It will achieve this by : simplifying and streamlining the existing EU legal framework on space policy; providing the EU with an adequate space budget to continue and improve on existing space flagship programmes such as EGNOS, Galileo and Copernicus, as well as monitor space hazards under the ‘space situational awareness' programme (SSA), and cater for access to secure satellite communications for national authorities (GOVSATCOM); establishing the rules for governance of the EU space programme; standardising the security framework of the space programme. Next steps This agreement opens the way for the Presidency to begin negotiations with the European Parliament with the aim of reaching a rapid adoption of the regulation. The European Parliament adopted its negotiating mandate on 13 December 2018. Background On June 2018, the Commission presented its proposal for a Regulation for a space programme for the European Union. The proposed regulation is part of the follow-up to the Commission's Communication on a Space Strategy for Europe (SSE). The Commission proposal suggests an overall budget for the programme of €16 billion in current prices for the period 2021-2027 with the following indicative breakdown: €9.7 billion for Galileo and EGNOS, €5.8 billion for Copernicus and €0.5 billion for SSA and GOVSATCOM. Commission's Communication on a space strategy for Europe. Read the full agreed text here https://www.consilium.europa.eu/en/press/press-releases/2018/12/20/council-agrees-its-position-on-future-eu-space-programme
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August 15, 2018 | International, Land
Athletic trainers and greener kitchens on the way as Corps caters to ‘combat athletes’
By: Shawn Snow The Corps plans to hire a slew of athletic trainers, and come October Marines will likely notice a new healthier food menu and layout at their respective chow halls. It's all part of an effort by the Corps to reduce injuries across the force and cater to combat athletes in similar fashion to division one collegiate players. The new chow facilities or “athletic kitchens” will boast healthier options with fresh fruit and vegetables up front. There will be a cold bar option with yogurt, granola and fresh fruit in the morning and a salad bar for lunch and dinner. “As you go through the line it's going to be the green stuff,” Col. Stephen Armes, the director of the Force Fitness Division told Marine Corps Times in an interview. “All the healthy stuff is going to be up front.” The new chow halls are going to resemble college athletic dining facilities with fresh greens and an assortment of healthy proteins, according to Armes. But unhealthy food is not disappearing, the Corps just plans to make it harder for you to choose that option. “Sometimes you just need a cheeseburger, there's nothing wrong with that,” Armes said. But, a Marine is “going to have to fight to get down to that cheeseburger.” The Corps is also on the verge of hiring new athletic trainers separate from the nearly 600 Force Fitness Instructors already fielded across the Marines. Full Article: https://www.marinecorpstimes.com/news/your-marine-corps/2018/08/14/athletic-trainers-and-greener-kitchens-on-the-way-as-corps-caters-to-combat-athletes/