The latest Selected Acquisition Report on the Lockheed Martin F-35 program has updated the Pentagon’s cost estimates. The eight international partners may take some comfort from the predictions of future unit recurring flyaway costs, once full-rate production begins. That is, if they defer the majority of their buys until then, which seems increasingly likely. The report also details the schedule delays that were officially approved last December.
Military acquisition
June 22, 2011 - 1:30am
The deputy program officer of the Lockheed Martin F-35 Joint Strike Fighter program office said Tuesday that predictions over escalating costs of the next-generation multi-role fighter will be proven wrong because of built-in reliability and maintainability aspects. With the program facing renewed scrutiny by the U.S. Congress and Department of Defense (DOD), Air Force Maj. Gen. C.D.
June 20, 2011 - 5:49am
A new measure to open up defense procurement by European countries to greater competition is finally coming into force this year. In January 2009 the European Parliament approved the European directive on defense and security procurement, which should greatly increase the percentage of defense contract opportunities that EU governments offer to bidders from other European countries.
November 29, 2010 - 9:46am
With completion of its acquisition of most of the former DeCrane Aerospace assets, Goodrich of Charlotte, N.C., showcased its expanded completion and refurbishment capability at the NBAA Convention in October.
July 16, 2010 - 12:57am
Armed forces in Europe are bracing themselves for severe cutbacks as governments tackle budget deficit problems. The scale of the cuts is evident in a couple of proposals made public last week. Germany’s defense minister, Karl-Theodor zu Guttenberg, has tabled a plan that saves €9.3 billion ($11.7 billion) in the long term, with current fleets and acquisition programs hit hard.
June 16, 2007 - 10:54pm
Some three weeks after closing negotiations to buy defense logistics contractor Dimensions International, Honeywell Defense and Space president Ed Wheeler prepared to travel to Paris “feeling good” about the company’s position, notwithstanding the tumultuous political environment in the U.S. “We don’t expect to see great upsets in budgets and whatnot, certainly not as long as troops are in harm’s way,” Wheeler said.
