USA’s proposed plans to modernize the F-35 joint strike fighter program would require almost $4 billion of new funding, a government review of Defense Department policies says.
The first wave of proposed F-35 modernization plans "is projected to be over $3.9 billion through 2022, which would exceed the statutory and regulatory thresholds for what constitutes a major acquisitions program."
Further, the move to modernize the fighter jet would make it more expensive than many of the other major acquisitions defense programs already in the Pentagon’s portfolio, the Government Accountability report, released this week, said.
The report on the F-35 Joint Strike Fighter program indicates the DoD’s plans reflect an incremental approach.
"The research, development, test and evaluation funding needed for the first modernization phase, known as Block 4, is projected to be over $3.9 billion through 2022," says the report on Department of defense’s follow-on modernization purchasing strategy for the F-35.
The joint strike fighter is the most expensive weapons program in US history at $1.4 trillion. Last month, an internal government report indicated acquisition costs jumpedfrom $379 billion to $406.5 billion.
The Defense Department is expected to ask Congress to authorize modernization funds in February 2018, the report notes.
The Eurofighter Typhoon will form the 'spear point' of the UKs future combat air defence capability alongside the F-35 Lightning, Harriett Baldwin, the UK Minister for Defence Procurement has said. “We see Typhoon as very much strengthening UK defence and the first quality I would highlight is its reliability; it has an engine that goes over 1,000 flying hours without needing unscheduled maintenance,” Harriett Baldwin MP, the UK Minister for Defence Procurement, was quoted as saying by BAE Systems Thursday
Lockheed Martin is being awarded a $3.6 billion low-rate initial production Lot 11 F-35 Lightning II advance acquisition contract to manufacture 50 aircraft for international partners and Foreign Military Sales (FMS) customers
The Pentagon has awarded Lockheed Martin a contract worth more than $50 million to produce simulation software for the F-35 Joint Strike Fighter. "Lockheed Martin Corp
The Pentagon has awarded multiple contracts worth over $73 million to Lockheed Martin to support production of the F-35B Lightning II aircraft for the US and Japan air forces. The first contract awarded is worth $43 million for long-lead time materials, parts, components, and effort for production of five F-35s
A US Air Force F-35 fighter jet will be undergoing cold weather testing to ensure the fifth generation multi-role fighter aircraft performs optimally in harsh weather conditions at the Eielson Air Force Base, Alaska, according to the air force press release. The F-35A Lightning II that arrived on October 13 was the first to land at the base near Fairbanks
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Israel Defense Ministry has completed the acquisition process of an additional 17 F-35 stealth jets. The initial decision to purchase the 17 additional F-35 fighters was made by the security cabinet in November 2016, but it took an additional nine months to settle out the agreement with the United States and Lockheed Martin, various media reported Monday
Lockheed Martin has announced a job fair to be conducted on August 29 seeking about 1000 skilled people for F-35 Lightning II fighter production at its Fort Worth plant, Texas. The US Firm said it hopes to issue 800 to 1,000 letters of intent that same day out of an expected 2,000 applicants
The rolling off of 318th rear section for an F-35 Lightning II combat jet from the Samlesbury, Lancashire production line completes 10 per cent of the global requirement production. The aft fuselage is the back part of the aircrafts main body
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