DOD: FY-21 is earliest chance to begin bundling U.S. F-35 orders into multiyear contracts

By Jason Sherman / March 7, 2018 at 3:27 PM
The Defense Department is considering options to bundle U.S. orders for the F-35 Joint Strike Fighter into multiyear contracts with Lockheed Martin as soon as fiscal year 2021, potentiality consolidating annual purchases of about $11 billion for nearly 100 aircraft into mega-deals that would provide industrial base stability and notionally yield savings compared to yearly contracts. Vice Adm. Mat Winter, F-35 Joint Program Office director, told reporters he “is looking at and assessing the usage of what we call traditional...

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