TOMORROWS TRANSPORTATION NEWS TODAY!

Tag: F-35B

BAE Systems wins Multi-million pound contract to equip Royal Air Force Typhoons with latest advanced radar capabilities

The Ministry of Defence (MOD) has awarded BAE Systems (OTC: BAESY) a £870m contract to deliver a new radar to enhance the Royal Air Force’s (RAF) Typhoon fighter jet fleet and strengthen the aircraft’s control of the airspace whilst providing cutting-edge electronic warfare capabilities.

The contract, awarded by the Ministry of Defence to BAE Systems, will see further development of technology and integration work on the European Common Radar System (ECRS) Mk2 radar by BAE Systems and Leonardo UK. The work is expected to lead to initial flight testing in 2024.

BAE Systems leads the overall design, development, manufacture and upgrade of the Typhoon aircraft for the UK and Leonardo is the lead for the aircraft’s main sensing and survivability systems including its radar and defensive aids sub-system.

The contract is part of the UK Government announcement made in July 2022, to invest £2.35 billion in the continued technology advancements in Typhoon capabilities, as recognition of its long-term role supporting national security and defence priorities.

Typhoon is a highly capable and extremely agile multi-role combat aircraft. It is capable of being deployed for the full spectrum of air operations, including air policing, peace support and high-intensity conflict. The RAF Typhoons are deployed alongside F-35B Lightning II to provide frontline capability for the UK.

The Typhoon programme supports more than 20,000 jobs across all regions of the UK every year, contributing £1.4 billion to the economy annually. The ECRS Mk2 radar programme sustains more than 600 highly-skilled jobs across the country, including more than 300 at Leonardo’s site in Edinburgh, more than 100 electronic warfare specialists at the company’s site in Luton, and 120 advanced engineers at BAE Systems’ site in Lancashire.

Lockheed Martin Lands $22.7 Billion 255-Jet Fighter Order

Let the shareholders rejoice: Lockheed Martin‘s (NYSE: LMT) F-35 Lightning II fighter jet contracts are getting bigger — and bigger.

In September, Reuters reported on a Pentagon deal to buy what it called at the time “the biggest batch yet” of Lockheed Martin’s joint strike fighter – 141 fighter jets valued at $11.5 billion. To win such a big order, Lockheed lowered its average F-35 cost to $81.6 million. With engine and other incidental costs factored in, flyaway costs were a bit higher. Lockheed’s F-35B variant flyaway cost $115.5 million, its F-35C cost $107.7 million, and the F-35A ended up at $89 million. Still, as Lockheed noted  at the time, this contract offered the “lowest per-aircraft price in program history,” which undoubtedly helped Lockheed seal the deal.

Big as that sale was, however, the contract Lockheed just won easily eclipses it.

Click the link below for the full story!

Lockheed Martin Lands 255-Jet Fighter Order

Image from lockheedmartin.com