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Pentagon and Lockheed Martin Sign F-35 Sustainment Contracts

Our Bureau - : Sep 14, 2021 - : 11:24 am

The F-35 Joint Program Office has awarded Lockheed Martin contracts covering fiscal years 2021-2023 to support operations and sustainment of the global F-35 fleet.

The annual contracts fund critical sustainment activities for aircraft currently in the fleet and build enterprise capacity to support the future fleet of more than 3,000 F-35 aircraft. This includes industry sustainment experts supporting base and depot maintenance, pilot and maintainer training, and sustaining engineering for the U.S. and allies 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.

“Together with the F-35 Joint Program Office, we recognize the critical role the F-35 plays in supporting our customers’ global missions and the need to deliver this capability affordably,” said Bridget Lauderdale, Lockheed Martin vice president and general manager of the F-35 program. “These contracts represent more than a 30% reduction in cost per flying hour from the 2020 annualized contract, and exemplify the trusted partnership and commitment we share to reduce sustainment costs and increase availability for this unrivaled 5th generation weapon system.”

Lockheed Martin has reduced cost per flight hour by 44% in the past five years, with a forecasted reduction of an additional 40% in the next five years.

The contracts also pave the way for a longer-term, Performance Based Logistics (PBL) agreement for the F-35 program. PBLs are an industry best practice, facilitating agile sustainment solutions for the fleet and incentivizing even further affordability and performance results.

The 2021 annualized sustainment contract will cover industry sustainment activities through Dec. 31, 2021.

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