F-35 JSF

The US Department of Defense (DoD) has signed an agreement with Lockheed Martin for the production and delivery of additional 32 F-35 Lightning II joint strike fighter (JSF) aircraft, Pentagon press secretary George Little has revealed.

The aircraft will be manufactured under the fifth low-rate initial production (LRIP-5) lot, and the unit cost data will be made available following finalisation and contract signing.

The agreement is expected to help the programme move forward as per improved business timelines, according to Little.

”It’s good for all nations that are partnered with us in this important effort for our future national security," Little added.

F-35 programme executive officer Navy vice admiral Dave Venlet said the agreement will prove beneficial to both the US government and Lockheed Martin.

Costs of manufacturing support equipment, flight test instrumentation and additional mission equipment are also covered under the agreement, Venlet added.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The LRIP-5 includes the production of 22 F-35A conventional take-off and landing (CTOL) variants for the US Air Force, three F-35B short takeoff/vertical landing (STOVL) variants for the Marine Corps, as well as seven F-35C carrier variants (CV) for the Navy. All the aircraft under the agreement are scheduled to be manufactured at Lockheed’s Fort Worth facility in Texas, US.

Signed after 18 months of negotiations, the agreement is said to be worth $4bn, according to local media reports.

Lockheed started aircraft production in December 2011 under a previously authorised undefinitised contract action, which enables contractors to start work prior to reaching a final agreement on contract terms.

The JSF programme is principally financed by the US, with additional funding provided by the UK and seven international partners, including Australia, Canada, Denmark, Italy, Netherlands, Norway and Turkey.

Image: An F-35A aircraft at Edwards Air Force Base in California, US. Photo: courtesy of Paul Weatherman/Lockheed Martin.