Lockheed Martin (NYSE: LMT) reduced the cost of an F-35 Full Mission Simulator (FMS) by $3 million per copy since program inception, reflected in Low Rate Initial Production (LRIP) lot 11. Comprised of 15 simulators, these LRIP 11 savings generate approximately $45 million savings for the F-35 program.
F-35 production teams at Training and Logistics Solutions (TLS) achieved these unit price reductions through several measures including:
Future use of this advanced technology, including the printing of simulator cockpits, is projected to save an additional $11 million during the next five years.
“We’re serious about driving out costs and excited to generate continued production savings across all our programs using advanced manufacturing,” said Amy Gowder, TLS vice president and general manager. “We aren’t stopping here. In addition to our production savings, we’re investing more than $30 million through 2020 to reduce F-35 training sustainment costs while increasing concurrency and capability.”
The $30 million sustainment investment includes:
F-35 training milestones for 2019 include the initial Distributed Mission Training (DMT) capability and Block 4 training system upgrades. DMT allows physically separated aviators to train together and enables interoperability with 4th Generation platforms in a virtual environment.
Arrow Electronics and Spanish manufacturer NX Technologies entered a collaboration that has accelerated the development…
High efficiency converters deliver low output ripple from wide input voltage range Nexperia today introduced…
IBM (NYSE: IBM) and L'Oréal, the world's leading beauty company, announced a collaboration to leverage IBM's generative…
Siemens’ emulation and HLS platforms support leading Japanese research institute’s evaluation of optimized AI computing…
Nilus, the first proactive AI-powered treasury management platform, has raised an additional $10M in a…
Funding will drive Reeco’s strategic growth initiatives as it streamlines back-of-house operations for North American…