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FG: LM Secures Contract LRIP6 And 7 For F-35  
User currently offlineoykie From Norway, joined Jan 2006, 2734 posts, RR: 4
Posted (11 months 6 days 7 hours ago) and read 2419 times:

Prices will be 2.5% lower for LRIP 6 and 6% lower for the LRIP7 compared to LRIP5. Prices for the F35A will be less than 100 million USD in LRIP7. Then there is LRIP8 before FRP-1 that will hopefully reach more than 100 planes each year.

http://www.flightglobal.com/news/art...with-lockheed-for-71-f-35s-391093/


Dream no small dream; it lacks magic. Dream large, then go make that dream real - Donald Douglas
5 replies: All unread, jump to last
 
User currently offlineoykie From Norway, joined Jan 2006, 2734 posts, RR: 4
Reply 1, posted (11 months 5 days 14 hours ago) and read 2288 times:

To add to this thread, and to clearify. LM has a contract to buy 36 planes in LRIP6 and 35 planes in LRIP7 securing a firm order for 71 planes. Long lead items for LRIP8 has been ordered by the pentagon.

It seems like this program is progressing in the right direction.



Dream no small dream; it lacks magic. Dream large, then go make that dream real - Donald Douglas
User currently offlineThePointblank From Canada, joined Jan 2009, 1696 posts, RR: 0
Reply 2, posted (11 months 5 days 6 hours ago) and read 2188 times:

Add that the Israeli's are looking at another 20 F-35's:
http://www.flightglobal.com/news/art...-seek-second-f-35-squadron-391165/


User currently offlinetommytoyz From Tonga, joined Jan 2007, 1353 posts, RR: 6
Reply 3, posted (11 months 5 days 4 hours ago) and read 2162 times:

Quoting oykie (Thread starter):
Prices for the F35A will be less than 100 million USD in LRIP7

Without engine. Each engine is about $14-$30 Million depending on model. And also not including $7 million or so in concurrency related work that will be needed.

Not counting the price of the engine, which is a separate contract with Pratt & Whitney, 23 F-35A model aircraft are being purchased for $103 million per aircraft, while six F-35B will cost $109 million each. The seven F-35C bought under LRIP 6 will cost $120 milion per jet.


Additionally, a concurrency clause in both contracts requires Lockheed to share costs equally with the government for known concurrency changes coming out of testing.


Just wait for that too......


User currently offlineoykie From Norway, joined Jan 2006, 2734 posts, RR: 4
Reply 4, posted (11 months 4 days 19 hours ago) and read 2081 times:

Quoting ThePointblank (Reply 2):

It seems like Obamas phonecall will result in more weapons being sold to the middle-east. Good news for the F35.

Quoting tommytoyz (Reply 3):

With so many F35 flying I think LM and Pentagon has a very good picture of what remains to be done.



Dream no small dream; it lacks magic. Dream large, then go make that dream real - Donald Douglas
User currently offlineOzair From Australia, joined Jan 2005, 846 posts, RR: 1
Reply 5, posted (11 months 4 days 18 hours ago) and read 2074 times:

Quoting tommytoyz (Reply 3):
Additionally, a concurrency clause in both contracts requires Lockheed to share costs equally with the government for known concurrency changes coming out of testing.

Just wait for that too......

Tommy, the concurrency changes are the US$7 million rework costs you already mentioned, there are no further rework costs. As listed above they are shared between LM and USDoD. So the US is liable for only half that amount, US$3.5 million per jet and down .4 million from the previous estimate. This is not a fixed cost, it is a value based on known required corrective issues as well as an estimate of future costs based on previous USDoD program experience.

Of note, these concurrency costings are SIGNIFICANTLY lower than the CAPES estimates!
http://www.aviationweek.com/Portals/...oncurrency%20report%20on%20F35.pdf

As far as costs going forward, http://www.nationaldefensemagazine.o...bb4-4018-baf8-8825eada7aa2&ID=1285

Lt. Gen. Christopher Bogdan, the Air Force’s program executive officer for the F-35 Joint Strike Fighter, the previous week mentioned a similar strategy for future contracts with prime contractor Lockheed Martin and Pratt & Whitney, which makes the aircraft’s engine.

The recently negotiated contract for a seventh lot of aircraft is set at a fixed price. If the companies exceed the contractual funding level, there is no risk to the Air Force, Bogdan said. All F-35 purchases going forward will be so worded


So any future cost overruns are now LM's problem with no additional charges to the USDoD.


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