Lockheed Hits F-35 Aircraft Production Goal for 2018; Greg Ulmer Quoted

Lockheed Martin has built and delivered 91 F-35 fighter jets to military customers this year, up 40 percent from 2017 deliveries and a 100 percent increase over 2016 production levels.

The U.S. Marine Corps received the 91st aircraft, an F-35B short takeoff/vertical landing variant, at a USMC air station in Beaufort, S.C., the company said Thursday.

Greg Ulmer, vice president and general manager for the F-35 program at Lockheed, said the milestone demonstrates the F-35 enterprise’s preparedness to produce the aircraft at a full rate and address a demand from customers worldwide.

The company has supplied 54 units to the U.S., 21 to international partner nations and 16 to foreign military sales clients during 2018.

According to Lockheed, the current price of the F-35A conventional takeoff-and-landing variant is $89.2M per unit and the program aims to reduce the cost to $80M by 2020 under lot 14 production.

You may also be interested in...

Anitian

Anitian, Microsoft Partnership Adds Compliance Automation Tech to Azure

Anitian and Microsoft have lenabled the former's automation tool to help customers deploy workloads into the Azure cloud environment and speed up cloud migration processes.

Machine learning framework

DARPA Taps University of Massachusetts, Amherst for Machine Learning Framework Development

A University of Massachusetts, Amherst laboratory has received a contract fom the Defense Advanced Research Projects Agency to design a framework for machine learning in support of the Ditto - Intelligent Auto-Generation and Composition of Surrogate Models project.

William Irby COO Martin UAV

William Irby Named Martin UAV COO, Sean Olds Appointed CFO

William Irby, a nearly three-decade aerospace and defense industry veteran, has joined unmanned aircraft system manufacturing company Martin UAV as chief operating officer.