F-35 Deal Targets Lower Price, More Shared Risk
By Amy Butler email@example.com
Source: AWIN First
The contract also includes a payment schedule based on each aircraft’s journey through the production process until the jet is accepted by the Pentagon.
Prior to LRIP 4, the Pentagon bore the burden of overruns to producing the aircraft. Last year, the Pentagon said that totaled $771 million for those lots, averaging at $27.5 million per aircraft (including the concurrency costs).
Deliveries under LRIP 5 are slated to last from August 2013-May 2014, Dellavedova says. Lockheed has delivered 20 airframes in 2012; its goal is 30. A spokesman says the final 10 are off the production line and awaiting paperwork for the formal delivery.
Meanwhile, program officials say that they expect to declare the F-35A training wing at Eglin AFB, Fla., ready to produce instructor pilots by year’s end as earlier proposed.