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Lockheed Martin Statement on 2011 F-35 Selected Acquisition



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neptune
PostPosted: Mar 30, 2012 - 09:22 PM Reply with quote Back to top
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http://www.lockheedmartin.com/us/news/p ... 5-sar.html

Lockheed Martin Statement on 2011 F-35 Selected Acquisition Report (SAR)30 March 2012

As recently reported, the Office of the Secretary of Defense issued the 2011 F-35 Selected Acquisition Report (SAR) to Congress, which updated the total cost estimates to develop, build, operate, upgrade and maintain all aspects of the F-35 program and its military support infrastructure for the next 55 years. Lockheed Martin remains confident that F-35 operations and support costs will be comparable to or lower than that of the seven legacy platforms that it will replace and our statement on the Selected Acquisition Report may be found below, including answers to frequently asked questions.

.....The total estimated cost, including adjustments for anticipated inflation—which represent more than one-third of the total—is $1.113 trillion.

....costs for 55 years of operations of a 2,443 aircraft fleet is going to result in a large figure

After all y'all bean counters finish drooling over the numbers and become self-stylized SMEs, how about telling the rest of us "How Much" can we individually pay for the last F-35A, F-35B and F-35C. I'm not interested in spare parts, maintenance, fuel, pilot pay, vAdm Venlet's retirement, etc.; just the amount to write the check for a flyable airplane, please. Laughing Wink
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spazsinbad
PostPosted: Mar 30, 2012 - 11:28 PM Reply with quote Back to top
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Department of Defense Announces Selected Acquisition Report March 30, 2012

http://www.defense.gov/releases/release ... seid=15146

"The Department of Defense (DoD) has released details on major defense acquisition program cost, schedule, and performance changes since the December 2010 reporting period. This information is based on the Selected Acquisition Reports (SARs) (http://www.defense.gov/news/PAC.PDF) submitted to the Congress for the December 2011 reporting period.

SARs summarize the latest estimates of cost, schedule, and performance status. These reports are prepared annually in conjunction with submission of the President's Budget. Subsequent quarterly exception reports are required only for those programs experiencing unit cost increases of at least 15 percent or schedule delays of at least six months. Quarterly SARs are also submitted for initial reports, final reports, and for programs that are rebaselined at major milestone decisions.

The total program cost estimates provided in the SARs include research and development, procurement, military construction, and acquisition-related operation and maintenance (except for pre-Milestone B programs, which may be limited to development costs pursuant to section 2432 of title 10, United States Code). Total program costs reflect actual costs to date as well as future anticipated costs. All estimates are shown in fully inflated then-year dollars...."


http://www.defense.gov/news/PAC.PDF (31Kb)

"F-35 Program– It should be noted that last year's December 2010 SAR was a single total program SAR "F-35 Program," for which the estimate at that time was $379,392.8 million and included both the aircraft and the engine. The overall F-35 program estimate increased from $379,392.8 million in the December 2010 SAR to $395,711.8 million in the December 2011 SAR. In the December 2011 SAR, the program has been divided into two subprograms, the "F-35 Aircraft" and the "F-35 Engine." Below is a description of the details of the changes for these two subprograms:

F-35 Aircraft – Program costs increased $10,679.5 million (+3.3%) from $321,175.7 million (the FY 2012 President's Budget (PB12)), to $331,855.2 million (PB13), due primarily to the application of revised escalation indices (+$3,303.2 million) and cost impacts of a slower near-term production ramp rate (+$5,254.8 million) (Air Force completion was extended two years to FY 2037 and Navy completion was extended two years to FY 2029). There were additional increases for higher than forecasted contractor labor hours (+$4,021.5 million), higher than expected material burdens placed on subcontractors by the prime contractor (+$1,768.5 million), revised military construction estimates (+$4,245.6 million), and increases due to a revised, slower international procurement buy profile (+$832.6 million). These increases were partially offset by a net decrease in initial spares (-$5,587.0 million), a decrease due to maturation of the technical baseline, definition of customer requirements, and further delineation of Service beddown plans (-$3,609.3 million). Lastly, there were various miscellaneous increases (+$449.6 million) to the aircraft subprogram.

F-35 Engine – Program costs increased $5,639.5 million (+9.7%) from $58,217.1 million (PB12) to $63,856.6 million (PB13), due primarily to an increase in initial spares (+$3,999.5 million), the application of revised escalation indices (+$705.4 million) and cost impacts of a slower near-term production ramp rate (+$986.5 million). Lastly, there were various miscellaneous decreases (-$51.9 million) to the engine subprogram.



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spazsinbad
PostPosted: Apr 03, 2012 - 10:29 PM Reply with quote Back to top
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F-35 SAR [Selected Acquisition Report] 'As of December 31, 2011' from Aviation Week:

http://www.aviationweek.com/media/pdf/F ... 9-2012.pdf (700Kb)

JSF - SAR Discloses Another Three-Year Slip by Bill Sweetman at April/3/2012

http://www.aviationweek.com/aw/blogs/de ... d=blogDest

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PostPosted: Apr 04, 2012 - 06:38 AM Reply with quote Back to top
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