A deal on the next three-lot buy of F-35 fighters is dragging out because Lockheed Martin and the Joint Program Office are struggling to agree on a new cost baseline, affected by inflation, the pandemic and a reduced buy from the military services, company officials ...
Sustainment of the F-35 is rapidly becoming the most profitable part of the program, as growing numbers of jets, bases and depots drive a greater demand for parts and services, top Lockheed Martin officials said in an April 20 corporate earnings call. The comments come ...
After years of Lot-over-Lot price reductions on the F-35, it will be hard to drive them much lower in the next negotiation, Greg Ulmer, Lockheed Martin executive vice president for aeronautics, told defense writers on Feb. 19. Ulmer said the next three lots will include ...