Fighter program. As i have consistently said, the f 35 Program Remains one of my top acquisition and sustainment priorities. Earlier this month and our last press briefing i made a commitment to come back to you when we were ready to announce the next f 35 contract. Here we aare. The f 35 Program Milestone authority alongside abwe are here to announce the u. S. Department of defense and Lockheed Martin have made tremendous progress and now have an Agreement Regarding the lot 12 to 14 Production Contract. This is a historic milestone to the f35 enterprise. As the f35 is our largest taxpayer investment and will form the backbone of the u. S. And allied fifthgeneration inventory for the foreseeable future. Anf in the joint Program Office are laser focused on driving cost out, quality up, and achieving timely deliveries of our capability to our war fighters. With respect to ontime delivery weve exceeded the total aircraft quantity we delivered to the war fighter last year. We have a 96 per
Defense officials now talk about what this means for the program. As i have consistently said, the f35 Program Remains one of my top acquisition and sustainment priorities. Earlier this month at our last press briefing, i made a commitment to come back to you when we were ready to announce the next f35 contract. So here we are. As the f35 Program Milestone authority, alongside Lieutenant General eric, the f35 Program Executive officer, were here to announce the u. S. Department of defense and Lockheed Martin have made tremendous progress and now have an Agreement Regarding the lot 12 through 14 production contract. This is an historic milestone for the f35 enterprise as the f35 is our largest tack air investment and will form the backbone of the u. S. And allied fifth generation inventory for the foreseeable future. Ans and the joint Program Office are laser focused on driving cost out, quality up, and achieving timely deliveries of our capability to our war fighters. With respect to o
As the f35 Program Milestone authority, alongside Lieutenant General eric fick, the f35 Program Executive officer, were here to announce that the u. S. Department of defense and Lockheed Martin have made tremendous progress and now have an Agreement Regarding the lot 12 through 14 production contract. This is a new, stark milestone for the f35 enterprise, as the f35 is our largest tacair investment and will form the backbone of the u. S. And allied fifthgeneration inventory for the foreseeable future. A s and the joint Program Office are laserfocused on driving cost out, quality up, and achieving timely deliveries of our capability to our warfighters. With respect to ontime delivery, we have exceeded the total aircraft quantity wepe delivered to the warfighter last year, and we have a 96 ontime delivery rate, a tremendous improvement from where we were last year, with an average ontime delivery rate of 64 . On quality, while we have made progress, there are still significant opportunit
Captioned by the national captioning initute www. Ncicap. Org elcome to defense news. Strike fighter is the Worlds Largest military program ever. The United States and its partners have spent 20 years developing three versions of the supersrsonic jet replace several existing fighters. Ththe pentagon plans to buy abot 2400. That will cost about 1. 4 trillion to buy and operate over the next six decades. As with many ambitious programs, costs soared as requirementnts expanded, challenges group, and delivery scheduleslipped. Restructuring to cut costs as a top priority for dod a Lockheed Martin. Aircraft were to travel to britain for the International Debut at the Royal International air tattoo and airshow next week. Annvestigation into a june 3 fire, prompted deity to ground all 100 on july 3 starting a race to identify the problem and get the planes safely back in the air to continue testing and to the u. K. In time for th shows. We sat down for an exclusive interview with the air force
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