3 août 2021 | International, Aérospatial

F-35A Jet Price To Rise, But It's Sustainment Costs That Could Bleed Air Force Budget Dry

A moderate increase in F-35 unit price arguably isn't the main issue, because procurement accounts for less than a quarter of projected lifetime cost. Instead, a report published by the Government Accountability Office warns that high sustainment costs threaten to break the Pentagon's budget.

https://www.forbes.com/sites/sebastienroblin/2021/07/31/f-35a-jet-price-to-rise-but-its-sustainment-costs-that-could-bleed-air-force-budget-dry/

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  • The F-35’s Ongoing Cost Challenges

    11 juillet 2018 | International, Aérospatial

    The F-35’s Ongoing Cost Challenges

    Lee Hudson The U.S. Marine Corps is retiring its first F-35B two years after it suffered a fire during a training flight. The fire exposed a flaw that is now being fixed fleet-wide. But the decision to shed the damaged aircraft, which could end up on display at a museum, comes at a time when the program is about to enter a critical round of testing and likely will not reach a long-standing price-reduction goal. Troubles for the F35B in question, No. BF06, began in October 2016, when a fire broke out ... http://aviationweek.com/defense/f-35-s-ongoing-cost-challenges

  • BAE Systems to buy Colorado-based Ball Aerospace for $5.55bn

    18 août 2023 | International, Aérospatial

    BAE Systems to buy Colorado-based Ball Aerospace for $5.55bn

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  • US Navy signs mammoth contract with Huntington Ingalls for two aircraft carriers

    4 février 2019 | International, Naval

    US Navy signs mammoth contract with Huntington Ingalls for two aircraft carriers

    By: David B. Larter WASHINGTON — The U.S. Navy has signed a $14.9 billion contract with shipbuilder Huntington Ingalls for two Ford-class aircraft carriers, the Navy announced Thursday evening. By buying two carriers simultaneously, the Navy expects to save $4 billion, according to a Navy release. Navy Secretary Richard Spencer hailed the deal as a team effort and said the contract will create stability for the skilled workforce and create savings as a result. “Focusing on optimizing construction activities and material procurement, the team was able to achieve significant savings as compared to individual procurement contracts," Spencer said in the release. “One contract for construction of the two ships will enable the shipbuilder flexibility to best employ its skilled workforce to design once and build twice for unprecedented labor reductions while providing stability and opportunities for further efficiencies within the nuclear industrial base.” The carriers were previously reported to cost about $24 billion, and the the Navy projected it would save about $4 billion by contracting for two Ford-class carriers. A release from the office Rep. Rob Wittman, R-Va., the ranking member of the House Armed Services Committee Seapower subcommittee congratulated the Navy for closing the deal. “This dual buy means even larger savings than projected for taxpayers and the certainty that our industrial base needs to retain and hire the employees who create the highest quality products for our sailors," Wittman said. "For Virginia it means thousands of reliable jobs and community development for the next decade and beyond. As one of the largest Navy shipbuilding contracts ever, I am proud to have led this effort and look forward to its success.” https://www.defensenews.com/breaking-news/2019/01/31/us-navy-has-inked-a-contract-for-two-carriers-congressman-says/

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