Forum: Program and politics

U.S. sees 'manageable risk' in F-35 restructuring



Search Search  Register Register  Private Messages Private Messages
guidelines Forum Guidelines
Post new topic   Reply to topic   
View previous topic Log in to check your private messages View next topic
Author Message
maus92
PostPosted: Feb 14, 2012 - 12:47 AM Reply with quote Back to top
Elite 1K
Elite 1K


Joined: May 21, 2010 - 06:50 PM
Posts: 1187
Location: Annapolis, MD
Status: Offline
"WASHINGTON, Feb 13 (Reuters) - The Pentagon on Monday confirmed plans to postpone production of 179 F-35 Joint Strike Fighters built by Lockheed Martin Corp over the next five years to save $15.1 billion, but it said the risk was "manageable."

The U.S. defense budget for fiscal 2013 funds 13 fewer airplanes than initially planned, saving $1.6 billion on the multinational, radar-evading fighter plane, the Pentagon's biggest weapons program.

This is the third restructuring in recent years of the F-35 program. The Pentagon expects to spend $382 billion over the next two decades to develop and buy 2,443 of the new warplanes."

http://www.reuters.com/article/2012/02/ ... TO20120213
 View user's profile Send private message  
 
Sponsor
New postPosted: May 23, 2013 - 2:01 PM Back to top
F-16.net Sponsor





  Send private message  
 
marksengineer
PostPosted: Feb 23, 2012 - 09:21 PM Reply with quote Back to top
Active Member
Active Member


Joined: Jul 18, 2011 - 10:01 PM
Posts: 192
Location: Ohio
Status: Offline
Since the program is being restructured and near-term deliveries to US and other countries decreased will we see a change in the bed-down of the aircraft? Certainly with less aircraft coming into service fewer aircraft will be needed at Eglin near term. Will this lead to maintaining the OT&E as before or will it shift to the right as well?
 View user's profile Send private message Visit poster's website  
 
neptune
PostPosted: Feb 23, 2012 - 11:56 PM Reply with quote Back to top
Elite 1K
Elite 1K


Joined: Oct 24, 2008 - 01:03 AM
Posts: 1143
Location: Houston
Status: Offline
marksengineer wrote:
Since the program is being restructured and near-term deliveries to US and other countries decreased will we see a change in the bed-down of the aircraft? Certainly with less aircraft coming into service fewer aircraft will be needed at Eglin near term. Will this lead to maintaining the OT&E as before or will it shift to the right as well?


It would be interesting to see the OT&E schedule maintained. All current sites have the facility too support an increase in both a/c and manpower. This could easily facilitate the existing OT&E schedule. Having all located at Edwards, PAX and Eglin could well bring a "shot in the arm" to this malingering program. Maybe even a light at the end of the tunnel, not being a train! Smile
 View user's profile Send private message  
 
popcorn
PostPosted: Feb 24, 2012 - 01:35 AM Reply with quote Back to top
Elite 2K
Elite 2K


Joined: Sep 24, 2008 - 09:55 AM
Posts: 2037

Status: Offline
maus92 wrote:
"WASHINGTON, Feb 13 (Reuters) - The Pentagon on Monday confirmed plans to postpone production of 179 F-35 Joint Strike Fighters built by Lockheed Martin Corp over the next five years to save $15.1 billion, but it said the risk was "manageable."


http://www.reuters.com/article/2012/02/ ... TO20120213


That's $84.3M per jet.
 View user's profile Send private message  
 
maus92
PostPosted: Feb 24, 2012 - 01:58 AM Reply with quote Back to top
Elite 1K
Elite 1K


Joined: May 21, 2010 - 06:50 PM
Posts: 1187
Location: Annapolis, MD
Status: Offline
popcorn wrote:
maus92 wrote:
"WASHINGTON, Feb 13 (Reuters) - The Pentagon on Monday confirmed plans to postpone production of 179 F-35 Joint Strike Fighters built by Lockheed Martin Corp over the next five years to save $15.1 billion, but it said the risk was "manageable."


http://www.reuters.com/article/2012/02/ ... TO20120213


That's $84.3M per jet.


Apparently they can't read their own budgets. How and how much they save would be an interesting calculation to see - my guess it would be convoluted.
 View user's profile Send private message  
 
popcorn
PostPosted: Feb 24, 2012 - 04:25 AM Reply with quote Back to top
Elite 2K
Elite 2K


Joined: Sep 24, 2008 - 09:55 AM
Posts: 2037

Status: Offline
They are being pressured to come up with short/medium-term savings. If they wanted to pad the projected savings, why not conveniently use some of the higher figures being floated around? Insteas, we see them going with a lower, more conservative figure. Obviously the $84.3M average savings per jet is what the DoD thinks is realistic and can be defended if their figures are challenged.
 View user's profile Send private message  
 
maus92
PostPosted: Feb 24, 2012 - 07:18 AM Reply with quote Back to top
Elite 1K
Elite 1K


Joined: May 21, 2010 - 06:50 PM
Posts: 1187
Location: Annapolis, MD
Status: Offline
popcorn wrote:
They are being pressured to come up with short/medium-term savings. If they wanted to pad the projected savings, why not conveniently use some of the higher figures being floated around? Insteas, we see them going with a lower, more conservative figure. Obviously the $84.3M average savings per jet is what the DoD thinks is realistic and can be defended if their figures are challenged.


Or the $84.3M is the net savings on a per jet basis after factoring in other costs incurred to delay the purchase. It certainly isn't an official number, unlike what is contained in the President's Budget presented to Congress.
 View user's profile Send private message  
 
popcorn
PostPosted: Feb 24, 2012 - 07:37 AM Reply with quote Back to top
Elite 2K
Elite 2K


Joined: Sep 24, 2008 - 09:55 AM
Posts: 2037

Status: Offline
Wouldn't the budgeted cost only pertain to the coming fiscal year based on costlier LRIP rates whereas the $83M figure be the average for the next 5 years worth of production and reflecting the savings realized from greater volumes and increased production efficiencies?
 View user's profile Send private message  
 
SpudmanWP
PostPosted: Feb 24, 2012 - 06:34 PM Reply with quote Back to top
Elite 3K
Elite 3K


Joined: Oct 12, 2006 - 08:18 PM
Posts: 4273
Location: California
Status: Offline
The $84 mil figure is two part. The savings of the canceled F-35 PLUS the increased cost of the remaining F-35s due to a lower build rate.

_________________
"The early bird gets the worm but the second mouse gets the cheese."
 View user's profile Send private message  
 
Display posts from previous:     
Jump to:  
All times are GMT + 1 Hour
Post new topic   Reply to topic
View previous topic Log in to check your private messages View next topic