Lockheed Martin is working on achieving a $25,000 Cost per Flight Hour (CPFH) for its F-35 joint strike fighter by 2025.
The CPHF target is comparable to the cost to sustain legacy aircraft, while providing a generational leap in capability; a Lockheed Martin release said adding that the target will be deliver 80 percent mission capable rates in the near term.
"As the F-35 fleet expands, we are partnering with our customers and taking aggressive actions to enhance F-35 readiness and reduce sustainment costs," said Greg Ulmer, Lockheed Martin vice president and general manager of the F-35 program.
The F-35's reliability and readiness continues to improve and newer production aircraft are averaging greater than 60 percent mission capable rates with some operational squadrons consistently near 70 percent. Additionally, Lockheed Martin has reduced its portion of operating costs per aircraft by 15 percent since 2015.
Previously under annual contracts, the new multi-year Performance-based logistics (PBLs) allow each company to make longer term investments and actions to reduce costs and improve efficiencies. In addition to PBL contracts, Lockheed Martin has established 12 Master Repair Agreements (MRAs) with key suppliers to enhance repair capacity and speed.
The PBLs cover several contracts with BAE Systems, Northrop Grumman and Collins Elbit Vision Systems (CEVS); and the MRAs cover contracts with 12 separate suppliers including Honeywell, GE and Eaton.
As more aircraft enter service, the enterprise is optimizing resources across the fleet and leveraging data across hundreds of thousands of flight hours to achieve these goals. The program is conducting supply chain competitions, building supply chain capacity, synchronizing spare buys, improving parts reliability and maintainability, implementing advanced analytics tools, enhancing the Autonomic Logistics Information System (ALIS), accelerating modifications of earlier aircraft, and supporting the stand-up of government-led regional warehouses and repair depots.
The United States has sailed its USS Wasp amphibious warship with F-35 aircraft, near Scarborough Shoal, a strategic reef claimed by Beijing, Manila and Taipei. Filipino fishermen near the reef that lies just 230 km (140 miles) from the Philippine coast spotted the massive US vessel on Tuesday, according to ABS-CBN News
Rate of production of F-35 fighters will be slowed down if the United States (US) drops its NATO-ally Turkey from the F-35 programme, Vice Admiral Mathias Winter told Congress Thursday. “The evaluation of stopping Turkey would be between 50- and 75-airplane impact over a two-year period,” Winter said
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Lockheed Martin has won a $362.7 million contract to supply the US Army with Multiple Launch Rocket Systems (MLRS)
Lockheed Martin has won a $20 million US Navy contract to provide engineering and technical services for AN/BLQ-10 submarine electronic warfare systems. The AN/BLQ-10 submarine electronic warfare system processes radar signals through masts and periscopes to detect threats such as counter detection, collision and target locations
The worlds most expensive weapons program, development of the Lockheed Martin fifth-generation F-35 fighter is estimated to cost $22 billion more, according to a report published by Bloomberg. The estimated total price for research and procurement has increased by $22 billion in current dollars adjusted for inflation, according to the Pentagons latest annual cost assessment of major projects
The United States (US) and its allies will be deploying about 200 Lockheed Martin F-35 fifth generation fighters in the Asia-Pacific region alone within the next six years or by 2025, Gen. Charles Brown, commander of the US Pacific Air Forces said during a recent interview at the headquarters of the Pacific Air Forces in the Joint Base Pearl Harbor-Hickam in Honolulu
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