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
Largest taxpayer investment with the backbone of us and ally fifth generation inventory for the foreseeable future. The joint Program Office are laser focus to drive cost ou out, quality up and achieving timely deliveries to our war fighters. With respect to ontime deliver delivery, we exceeded the total aircraft quantity we delivered to the war fighter last year and have 96 percent ontime delivery rate. A tremendous improvement for one from where we were last year with an average ontime delivery rate of 64 percent. While we made progress there is significant opportunities for improvement and we continue to communicate specific concerns to lockheed based on the data we collect. The 34 billiondollar agreement f 35 production includes the delivery of 478 f 35 aircraft 149 lot 12160 lot 13169 lot 14 in support of Us Military Services our partner nations and sales customers this represents our continued commitment to reduce the f 35 cost to deliver advanced capabilities to our war fighters
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
Announcing a 34 billiondollar contract with Lockheed Martin for 478 aircraft they talk about a faster timetable for the program. As i have consistently said the f 35 program is one of my priorities earlier this month i made a commitment to come back when we were ready to announce the next contract and we are. The Program Milestone authority the f 35 program we are here to announce Us Department of defense and Lockheed Martin that now has an Agreement Regarding the option contract this is a stark milestone to the f 35 enterprise as it is the largest taxpayer investment with the backbone of us and ally fifth generation inventory for the foreseeable future. The joint Program Office are laser focus to drive cost ou out, quality up and achieving timely deliveries to our war fighters. With respect to ontime deliver delivery, we exceeded the total aircraft quantity we delivered to the war fighter last year and have 96 percent ontime delivery rate. A tremendous improvement for one from where w