Lockheed Martin wins Joint Strike Fighter pact

The Pentagon Friday awarded Lockheed Martin a contract-the military's richest ever-to build the Joint Strike Fighter aircraft. Lockheed Martin bested the Boeing Co. in a closely watched competition for the contract, worth $200 billion. The Bethesda, Md., contractor will produce 3,002 planes for the Air Force, Navy, Marine Corps and Great Britain beginning in 2008 and ending in 2040. Additional sales to other U.S. allies could enhance the value of the contract for the new fighter, which will be known as the F-35, to more than $400 billion over the next three decades. The planes will cost the United States and Britain between $40 million and $50 million apiece and replace Air Force F-16s and A-10s, Navy F/A-18s, Marine Corps AV-8B Harriers and British Royal Navy and Air Force fighters. Air Force Secretary James Roche said both contractors offered "very good" models, but Lockheed Martin "emerged continuously as a strong winner" throughout the various stages of the competition. Since 1996, the two contractors have been developing prototypes of the radar-evading fighter that could not only take off from air fields, but also land vertically and be launched from aircraft carriers. Pete Aldridge, the Pentagon's acquisition chief, said Defense "seriously considered" splitting the contract between the two companies, but ultimately decided that awarding the work to one contractor was its best option. Lockheed Martin could choose to hire Boeing as a subcontractor for Joint Strike Fighter work, he added. Defense analysts said Boeing will be able to better sustain the loss of the contract than Lockheed Martin would have because it has a strong line of commercial aircraft and is a leader in the development of unmanned aerial vehicles. Lockheed Martin officials have said that work on the new aircraft could add as many as 9,000 jobs at its facility in Fort Worth, Texas.
Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Sponsored by G Suite

    Cross-Agency Teamwork, Anytime and Anywhere

    Dan McCrae, director of IT service delivery division, National Oceanic and Atmospheric Administration (NOAA)

    Download
  • Data-Centric Security vs. Database-Level Security

    Database-level encryption had its origins in the 1990s and early 2000s in response to very basic risks which largely revolved around the theft of servers, backup tapes and other physical-layer assets. As noted in Verizon’s 2014, Data Breach Investigations Report (DBIR)1, threats today are far more advanced and dangerous.

    Download
  • Federal IT Applications: Assessing Government's Core Drivers

    In order to better understand the current state of external and internal-facing agency workplace applications, Government Business Council (GBC) and Riverbed undertook an in-depth research study of federal employees. Overall, survey findings indicate that federal IT applications still face a gamut of challenges with regard to quality, reliability, and performance management.

    Download
  • PIV- I And Multifactor Authentication: The Best Defense for Federal Government Contractors

    This white paper explores NIST SP 800-171 and why compliance is critical to federal government contractors, especially those that work with the Department of Defense, as well as how leveraging PIV-I credentialing with multifactor authentication can be used as a defense against cyberattacks

    Download
  • Toward A More Innovative Government

    This research study aims to understand how state and local leaders regard their agency’s innovation efforts and what they are doing to overcome the challenges they face in successfully implementing these efforts.

    Download
  • From Volume to Value: UK’s NHS Digital Provides U.S. Healthcare Agencies A Roadmap For Value-Based Payment Models

    The U.S. healthcare industry is rapidly moving away from traditional fee-for-service models and towards value-based purchasing that reimburses physicians for quality of care in place of frequency of care.

    Download
  • GBC Flash Poll: Is Your Agency Safe?

    Federal leaders weigh in on the state of information security

    Download

When you download a report, your information may be shared with the underwriters of that document.