Pentagon awards Lockheed Martin $6.6 bln sustainment contract for F-35 fighter jets

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The Pentagon has awarded Lockheed Martin Corp annualized contracts worth up to $6.6 billion to support operations and sustainment of the global F-35 fleet, its F-35 Joint Program Office said on Monday.

A Lockheed Martin F-35 aircraft is seen at the ILA Air Show in Berlin, Germany, April 25, 2018. REUTERS/Axel Schmidtannualized contracts worth up to $6.6 billion to support operations and sustainment of the global F-35 fleet, its F-35 Joint Program Office said on Monday.

The air vehicle sustainment contract is for fiscal year 2021, with options for years 2022 and 2023, and is intended to reduce sustainment costs, the office said. Separately, Lockheed said that the contract would include supporting base and depot maintenance, pilot and maintainer training while also covering supply chain management for part repair and replenishment.

"These contracts represent more than a 30% reduction in cost per flying hour from the 2020 annualized contract, and exemplify the trusted partnership and commitment we share to reduce sustainment costs and increase availability for this unrivaled 5th generation weapon system," Bridget Lauderdale, Lockheed Martin vice president, said.Our Standards:Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

 

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what a sham in the name of protecting the nation from imaginary enemies. Talk about corruption; if you challenge, they will brand you as traitor and not caring about national security. This plane will never get used since there are no countries wanting conventional wars

My thing to backup about Reuter’s.

utterly shameful.

China already have been mass producing their version of this fighter jet years now. Are we too late. Perhaps the F-15 could be considered for mass production as well.

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