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April 21, 2021 | International, Aerospace

Sustainment Becoming Most Profitable Part of F-35 for Lockheed Martin - Air Force Magazine

Lockheed Martin’s Chief Financial Officer said sustainment is soon to be the most profitable part of the F-35 program.

https://www.airforcemag.com/sustainment-becoming-most-profitable-part-of-f-35-for-lockheed-martin

On the same subject

  • The Hornet Jumps

    December 22, 2020 | International, Aerospace

    The Hornet Jumps

    Marc Cook December 21, 2020 Boeing has demonstrated yet another capability of the ever-young F/A-18 Super Hornet by proving it can “operate from a ‘ski jump' ramp, demonstrating the aircraft's suitability for India's aircraft carriers,” according to the company. India uses something called STOBAR, for Short Takeoff But Arrested Recovery, that uses a ramp-assisted takeoff relying only on the aircraft's thrust and benefiting from the ship's forward motion, combined with more conventional arresting methods for landing. It's said that STOBAR carriers are cheaper to build than those with powered catapults. “The first successful and safe launch of the F/A-18 Super Hornet from a ski jump begins the validation process to operate effectively from Indian Navy aircraft carriers,” said Ankur Kanaglekar, India Fighter Sales lead for Boeing. “The F/A-18 Block III Super Hornet will not only provide superior war fighting capability to the Indian Navy but also create opportunities for cooperation in naval aviation between the United States and India.” “This milestone further positions the Block III Super Hornet as a versatile next-generation frontline fighter for decades to come,” said Thom Breckenridge, vice president of International Sales for Strike, Surveillance and Mobility with Boeing Defense, Space & Security. “With its proven capabilities, affordable acquisition price, known low documented life-cycle costs and guaranteed delivery schedule, the Block III Super Hornet is ideally suited to meet fighter aircraft requirements of customers in India, North America and Europe.” The demonstration is part of Boeing's sales pitch to the Indian navy, which has not chosen which fighter to purchase. It will be looking to add to its fleet of MiG-29K fighters and is considering both the F/A-18 and the Dassault Rafale. Also part of the pitch: “Boeing has strengthened its supply chain with 225 partners in India and a joint venture to manufacture fuselages for Apache helicopters. Annual sourcing from India stands at $1 billion. Boeing currently employs 3,000 people in India, and more than 7,000 people work with its supply chain partners.” https://www.avweb.com/aviation-news/the-hornet-jumps/

  • Oshkosh names John Pfeifer new CEO

    November 19, 2020 | International, Land

    Oshkosh names John Pfeifer new CEO

    By: Joe Gould WASHINGTON ― Oshkosh on Wednesday announced John Pfiefer as its next president and chief executive, replacing Wilson Jones, who plans to retire on April 2. Pfeifer joined Oshkosh in May 2019 as the head of the company's Access Equipment, Fire & Emergency and Commercial segments. In May 2020, he was appointed president and assumed responsibility for the company's defense segment and its global supply chain, digital technology and marketing functions. Prior to Oshkosh, Pfeifer led Mercury Marine, a division of Brunswick Corporation that specializes in marine propulsion systems, and held various global business management positions with the ITT Corporation. Jones, who is also retiring as an Oshkosh board member, served the company for 15 years. “Having worked closely with John since he joined us in 2019, I have seen his commitment to our People First culture,” Jones said in a company announcement. “Under his leadership, the Company will continue to drive innovation, serve our customers and advance our business around the world. I look forward to supporting John and the team to ensure a smooth transition over the coming months.” https://www.defensenews.com/2020/11/18/oshkosh-names-new-ceo-john-pfeifer

  • Saab starts production of Finnish Navy’s composite masts

    August 20, 2023 | International, Naval

    Saab starts production of Finnish Navy’s composite masts

    Saab is one of the subcontractors for the new Finnish ships, with planned deliveries during the period 2027-2029.

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