The F-35A’s onboard sensor fusion prevents the Air Force right now from widely implementing a live, virtual and constructed training format, a top US Air Force commander says.
The $4.94 billion deal confirms a long-awaited order to deliver 66 of the GE Aviation F110-powered F-16s for Taiwan and about 25 Pratt & Whitney F100-powered F-16s for Morocco. The US government approved export packages for both aircraft in 2019.
The F-16 Block 70/72 contract to be awarded on August 14 will use an indefinite delivery/indefinite quantity format. As each foreign buyer signs an order, the Air Force will sign a task order under the ID/IQ contract to Lockheed, rather than renegotiating pricing for every foreign customer.
As the U.S. Defense Department prioritizes great power competition, demand for the Raptor fleet as the Air Force’s “silver bullet” air dominance force has never been greater.
The F-35 Joint Program Office awarded Lockheed Martin a $1.9 billion contract on Jan. 6 to maintain the global Lightning II fleet, support training and expand capacity for producing spares and repairing components.
Publicly traded shares of aerospace and defense companies around most of the Western world ended 2019 about 34% above where they began a year ago, and 6% better off than major stock market indices, Wall Street analysts said in year-end reports.