Saturday, April 26, 2014

Aviation market wonk--"Everything dies except the F-35..."

Aviation market consultant, Richard Aboulafia,  issued some statements on the troubled F-35 program that make real sense. That is, if he meant it in a negative way.

When it comes to world fighter production shares, “the F-35 is coming to eat us all alive; there’s no way to sugar-coat it. The F-35 devouring everything [budget-wise] in U.S. and abroad,” Aboulafia says, mentioning that the Republic of Korea has confirmed F-35 fighter jet orders.

The U.S. military fixed-wing market shows a “waterfall” in which “everything [every military aircraft program] dies except the F-35, including the C-17, F/A-18, F-15, F-16, F-22, T-45, T-6, C-130, T-X, and B-X. There’s a lot riding on the F-35,” Aboulafia affirms.

Yes, and the other part of that?

For the money spent on the F-35, it has to actually perform. That trend is not going so well.


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