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U.S. Air Force Negotiating with Lockheed Martin on Three Year Sustainment Contract for F-35

Frank Wolfe Frank Wolfe
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U.S. Air Force Negotiating with Lockheed Martin on Three Year Sustainment Contract for F-35
An F-35A Lightning II aircraft assigned to the Air Force’s F-35 Demo Team creates a vapor cone as it performs a demonstration flight at Tinker AFB, Okla. on May 25. Vapor cones are visible clouds of condensed water created by aircraft flying through moist air at high speeds (U.S. Air Force Photo)

The U.S. Air Force is negotiating a three-year sustainment contract with Lockheed Martin [LMT] for its F-35A Lightning II fighter--a contract that is to have performance incentives for cost reduction, Air Force Lt. Gen. Duke Richardson, the service's top military acquisition official, told a Senate hearing on June 22. Among the sustainment cost problems for the F-35 have been a shortage of working Pratt & Whitney [RTX] F135 engines for the fifth-generation fighter and lower than needed depot capacity (Defense…

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