LM has this to say:
“We’re hoping for a mutually beneficial settlement,” DellaVedova said, one that will get workers back in the Fort Worth assembly plant and allow Lockheed to accelerate both production of jets and testing.
I am interested in the word "accelerate". Accelerate from what? LM was behind on deliveries before the strike.
LM is currently delivering low-rate initial production (LRIP) batch 3 aka "LRIP-3" F-35s. The work for LRIP-3 was supposed to end around December 2011 as per these DOD contracts back in 2009:
Principle Contractor: Lockheed Martin Corporation, Lockheed Martin Aeronautics Company
Date Reported: 3/25/2009
Branch of Service: Navy
Contract Details:
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded $320,000,000 not to exceed modification to a previously awarded advance acquisition contract (N00019-08-C-0028). This modification provides for long lead materials and efforts associated with the Joint Strike Fighter (JSF) Air System Low Rate Initial Production (LRIP) Lot III procurement of the required Special Tooling, Special Test Equipment and Technical Assistance. Work will be performed in Fort Worth, Texas, (35 percent); El Segundo, Calif., (25 percent); Warton, United Kingdom, (20 percent); Orlando, Fla., (10 percent); Nashua, N.H., (5 percent); and Baltimore, Md., (5 percent), and is expected to be completed in Nov. 2011. Contract funds will not expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.
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Principle Contractor: Lockheed Martin Corporation, Lockheed Martin Aeronautics Company
Date of Issuance: 6/2/2009
Branch of Service: Navy
Contract Details:
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $2,106,525,040 modification to definitize the previously awarded Joint Strike Fighter (JSF) air system low rate initial production Lot III advance acquisition contract (N00019-08-C-0028) to a cost-plus-incentive-fee/award-fee contract. This modification provides for the procurement of 7 Air Force conventional take off and landing (CTOL), 7 Marine Corps short take-off and vertical landing (STOVL); 1 CTOL for the Netherlands, and 2 STOVLs for the United Kingdom. In addition, this modification provides for the associated ancillary mission equipment and technical/financial data. Work will be performed in Fort Worth, Texas, (35 percent); El Segundo, Calif., (25 percent); Warton, United Kingdom, (20 percent); Orlando, Fla., (10 percent); Nashua, N.H., (5 percent); and Baltimore, Md., (5 percent), and is expected to be completed in Dec. 2011. Contract funds will not expire at the end of the current fiscal year. This contract combines purchases for the U.S. Air Force ($857,116,227; 40.7 percent); the U.S. Marine Corps, ($877,797,887; 41.7 percent); and the Governments of the Netherlands, ($119,666,120; 5.7 percent) and United Kingdom, ($251,944,806; 11.9 percent). The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.
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Principle Contractor: Lockheed Martin Corporation, Lockheed Martin Aeronautics Company
Date of Issuance: 7/2/2009
Branch of Service: Navy
Contract Details:
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $441,938,182 modification to definitize the previously awarded Joint Strike Fighter (JSF) Air System Low Rate Initial Production Lot III advance acquisition contract (N00019-08-C-0028) to a cost-plus-incentive-fee/award-fee contract. In addition, this modification provides for common and unique performance based logistics support and hardware for the sustainment of seven U.S. Air Force and one Government of the Netherlands Conventional Take-Off and Landing aircraft; seven U.S. Marine Corps and two United Kingdom (UK) Short Take-Off Vertical-Landing aircraft; material necessary to support activation of JSF bases; two Aircraft Systems Maintenance Trainers; one Weapons Loader Trainer; two Full Mission Simulators; one USMC and one UK Deployable Mission Rehearsal Trainer; sixteen LM-STAR avionics test stations; hardware and software for the Integrated Training Center; CVN Autonomic Logistics Information System (ALIS) shipboard certification and deployment; ALIS depot trade study; and associated technical and financial data. Work will be performed in Orlando, Fla. (42 percent); Fort Worth, Texas, (37 percent); El Segundo, Calif., (9 percent); Warton, United Kingdom, (4 percent); Nashua, N.H. (2 percent); Baltimore, Md., (1.5 percent); Cleveland, Ohio, (1.2 percent); Cheltenham, United Kingdom (1.2 percent); Rolling Meadows, Ill., (1.1 percent) and San Diego, Calif., (1 percent), and is expected to be completed in December 2011. Contract funds will not expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.
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Principle Contractor: Lockheed Martin Corpany, Lockheed Martin Aeronautics Company
Date of Issuance: 12/4/2009
Branch of Service: Navy
Contract Details:
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $329,400,000 modification to the previously awarded Joint Strike Fighter air system low rate initial production Lot III cost-plus-incentive-fee/award-fee contract (N00019-08-C-0028) for special tooling and special test equipment. Work will be performed in Fort Worth, Texas (35 percent); El Segundo, Calif. (25 percent); Warton, United Kingdom (20 percent); Orlando, Fla. (10 percent); Nashua, N.H. (5 percent); and Baltimore, Md. (5 percent). Work is expected to be completed in November 2011. Contract funds will not expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md. is the contracting activity.
When the last Lot 3 jet is delivered to the customer, we will have a complete gauge of production ability. Until then, LM is running about 5 months behind. None of this counts for the fact that what is being built are mistake-jets which will need a lot of fix-up work. Jets with TR-2 hardware which is needed to run Block III software are not expected until sometime in 2016.
Work for the 32 LRIP-4 aircraft is expected to be completed in March of 2013.
We shall see.
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