Lockheed Martin Inks Long-Term Contracts with More F-35 Suppliers
"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
Previously under annual contracts, the new multi-year PBLs allow each company to make longer term investments and actions to reduce costs and improve efficiencies. In addition to PBL contracts,
The PBLs cover several contracts with
The initial multi-year contracts are already delivering benefits. A 2017 PBL contract awarded to
Enhancing Readiness, Reducing Costs
As the F-35 fleet expands, the F-35 Joint Program Office-led Hybrid Product Support Integration (HPSI) team is implementing the Global Support Solution (GSS) to enhance readiness and reduce costs.
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,
The F-35 enterprise's goal is to deliver 80 percent mission capable rates in the near term, and achieve a
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.
With stealth technology, advanced sensors, supersonic speed, weapons capacity and superior range, the F-35 is the most lethal, survivable and connected aircraft in the world. More than a fighter jet, the F-35's ability to collect, analyze and share data, is a powerful force multiplier that enhances all airborne, surface and ground-based assets in the battlespace enabling men and women in uniform to execute their mission and return home safely.
For additional information, visit www.f35.com.
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Michael Friedman, 682-404-6083. Michael.1.friedman@lmco.com