:

Air Force

Three-Year Sustainment Contract for F-35 to Include Incentives to Improve Full Mission Capable Rates

Frank Wolfe

Tuesday, July 13th, 2021

SHARE:

Three-Year Sustainment Contract for F-35 to Include Incentives to Improve Full Mission Capable Rates

A 419th Fighter Wing F-35 deployed to HIll AFB, Utah (U.S. Air Force Photo)

The F-35 program has a "handshake agreement" with Lockheed Martin [LMT] on a three-year sustainment contract for the company's F-35 Lightning II fighter--a contract that will come with incentives for the defense contractor to improve full mission capable (FMC) rates for the aircraft, the head of the F-35 Joint Program Office told the House Armed Services Committee (HASC) on July 13. The Government Accountability Office has said that the F-35 has an FMC rate of 54 percent–18 percent below the…

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]