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 and they have made tremendous progress and now have an Agreement Regarding the lot 12 13 production process. This is a new milestone to the enterprise as of 35 is the largest investment and will form the backbone of the u. S. And allied inventories for the foreseeable future. Anf in the joint Program Office are laser focused on driving cost out, quality up and achieving timing delivery of our capability to our war fighters. We respect ontime delivery, we have exceeded the total aircraft quantity we delivered to the war fighter last year in revenue to 6 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 opportunities for improvement and we continue to communicate to concerns based on the data we collect. The 34 billiondollar agreement for of 35 low Rate Initial Production 12 14 of 478 f35 aircraft. 149 for lot 12, 164 lot 13 and 169 for lot 14
Going to try to keep it concise. We are here to talk about getting innovation into the field and into the hands of fighters faster. It is a perennial topic. I was tempted to ask why we are still here talking about it but i dont want to get too wordy. It is safe to say the acceleration of innovation into the field is unacceptable to almost everyone except maybe china and russia so i, you guys know who the panel is. You can look at their bios to get more on where they are coming from but i just want to jump into it with you, heidi. I was going to redo something you testified about last year. As seen in ukraine, now all commercial technology paired with conventional weapons changed the nature of conflict. To default the department problem range from collaboration should be updated. To reflect the dynamic landscape of today and anticipate the needs of tomorrow. The nations private sector is the competitive advantage and we must focus on improving how the government and private sector work
Technology. This is about 35 minutes. Good morning. This is a quick turn, so we are going to try to keep it concise. We are here to talk about getting innovation into the field and into the hands of fighters faster. It is a perennial topic. I was tempted to ask why we are still here talking about it but i dont want to get too wordy. It is safe to say the acceleration of innovation into the field is unacceptable to almost everyone except maybe china and russia so i, you guys know who the panel is. You can look at their bios to get more on where they are coming from but i just want to jump into it with you, heidi. I was going to redo something you testified about last year. As seen in ukraine, now all commercial technology paired with conventional weapons changed the nature of conflict. To default the department problem range from collaboration should be updated. To reflect the dynamic landscape of today and anticipate the needs of tomorrow. The nations private sector is the competitive
Technology. This is about 35 minutes. Good morning. This is a quick turn, so we are going to try to keep it concise. We are here to talk about getting innovation into the field and into the hands of fighters faster. It is a perennial topic. I was tempted to ask why we are still here talking about it but i dont want to get too wordy. It is safe to say the acceleration of innovation into the field is unacceptable to almost everyone except maybe china and russia so i, you guys know who the panel is. You can look at their bios to get more on where they are coming from but i just want to jump into it with you, heidi. I was going to redo something you testified about last year. As seen in ukraine, now all commercial technology paired with conventional weapons changed the nature of conflict. To default the department problem range from collaboration should be updated. To reflect the dynamic landscape of today and anticipate the needs of tomorrow. The nations private sector is the competitive