CONTRACTS
NAVY
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $237,740,000 modification to the previously awarded fixed-price-incentive-fee (firm target) F-35 Lightning II Joint Strike Fighter (JSF) Low Rate Initial Production IV contract (N00019-09-C-0010) for changes to the configuration baseline hardware or software resulting from the JSF development effort. This modification increases the concurrency cap for the U.S. Marine Corps and United Kingdom short take-off vertical landing aircraft; Air Force and Netherlands conventional take-off and landing aircraft; and Navy carrier variant aircraft. The concurrency cap establishes the threshold at or under which the contractor is obligated to incorporate government-authorized changes. Work will be performed in Fort Worth, Texas, and is expected to span multiple years. Contract funds in the amount of $222,600,000 will expire at the end of the current fiscal year. This contract modification combines purchases for the Navy ($153,200,000; 64.5 percent); Air Force ($69,400,000; 29 percent); the United Kingdom ($8,200,000; 3.5 percent); and the Netherlands ($6,940,000; 3 percent). The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.
Tuesday, May 8, 2012
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2 comments:
This latest contract change, which is more than likely a cost plus incentive fee contract modification, results in the following:
1. Since award of the infamous FP+IF contract back on 19 November 2010, the procurement contract value has been increased by over Half a Billion Dollars (some USD $643,510,244) which is a 17.9% increase on the FP+IF production contract. This figure does not including the increases to accommodate the Netherlands aircraft nor the cost of the incentive fees.
2. That would put the current average unit price for all three JSF variants being produced under the LRIP 4 contract, including engine + incentive fee, at somewhere North of US$237 Million per aircraft. That would put the LRIP 4 CTOL unit price (including incentive fees) at around if not over US$213 Million per.
The other thing to remember is that the purchase price for the JSF is only a down payment.
Don't forget those plans to “upgrade” the software every two years and the hardware every four years, all under the control and direction of those who say they never forget who they are working for . . . .but forget to add the other part of their mantra "...and that they are really, really dumb!".
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Till this day i still not see what the F-35 will add to what we can not do already.
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