Pentagon, Lockheed Martin Sign 2020 F-35 Sustainment Contract:
7 January 2020: Lockheed Martin industry team has received a $1.9 billion contract from the F-35 Joint Program Office to support operations and sustainment of the global F-35 fleet, while improving mission readiness and further reducing costs.
The annual contract funds critical sustainment activities for aircraft presently in the fleet and builds enterprise capacity to support the future fleet of over 3,000 F-35 aircraft. This consists of industry sustainment experts supporting base and depot maintenance, pilot and maintainer training, and sustaining engineering across the globe. It also covers fleet-wide data analytics and supply chain management for part repair and replenishment to enhance overall supply availability for the fleet.
"The F-35 continues to deliver exceptional capabilities to the field, and this contract ensures F-35s are mission ready to meet warfighter needs," said Greg Ulmer, Lockheed Martin Vice President and general manager of the F-35 programme. "The joint government and industry team continues to make significant progress improving readiness rates and reducing sustainment costs. In 2020, we will continue to optimise and advance the sustainment system. We are confident F-35 sustainment costs will be equal to or less than legacy jets."
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