This website uses cookies to ensure you have the best experience. Learn more

Make Or Break For F 35 Essay

4361 words - 18 pages

The Joint Strike Fighter has to be affordable. Currently, it is not.

Make or Break for the F-35
The sun rises on six Air Force F-35As awaiting flight testing at Edwards AFB, Calif., in June. After lackluster testing progress in 2010, test sorties are mounting rapidly in 2011 as the test fleet grows.

A
22

s the Pentagon’s biggest and most expensive program, the F-35 is getting intense scrutiny, both from Pentagon managers and Congress. Now that tight fiscal limits put every defense dollar under threat, the F-35 needs to prove itself—and fast. There’s been a whirlwind of action on the F-35 over the last 18 months. The program has been shaken up and restructured—twice—prompted by ...view middle of the document...

However, he ordered sweeping changes to the project. Flight testing, well behind schedule, was extended, and he added $4.6
AIR FORCE Magazine / August 2011

Time
By John A. Tirpak, Executive Editor

billion and two years to the development program. Correspondingly, he slowed purchase of production-representative aircraft to just 32 to 35 aircraft per year for three years, representing an overall reduction of more than 220 F-35s from the Future Years Defense Program. That move was meant both to keep the program within spending limits and reduce concurrency—what Carter described as the “balance” between building airplanes “too fast [or] too slow,” given that discoveries made in flight test can force changes in design and costly rework of early production aircraft. Carter also told the SASC that to keep risk down, the production rate will only increase by a factor of 1.5 a year. Gates put the F-35B short takeoff and vertical landing version—STOVL for short—on a two-year “probation.” He did so because, of the three variants in the program, the STOVL was causing the most problems with regard to design and disruption of production, and its problems were slowing down the pace
AIR FORCE Magazine / August 2011

of testing the other two versions. Those versions are the conventional takeoff F-35A for the Air Force and carrier-capable F-35C for the Navy. Gates said if the F-35B can be brought up to snuff within two years, the Marine Corps can still buy it. If not, the STOVL JSF will be terminated, and the Navy and Marine Corps alike will use the F-35C model. Gates based his decisions on a top-to-bottom evaluation by JSF Program Executive Officer Vice Adm. David J. Venlet. Called the Technical Baseline Review, it reset the clock on the F-35 program, with new timetables and new expectations of the contractor, Lockheed Martin, and its suppliers. “There will not be another rebaseline of this program,” Lockheed Martin CEO Robert J. Stevens told reporters at a company press event in May. “There will not be; we understand that.” Before the baseline review, Carter said the Pentagon largely relied on Lockheed for F-35 cost data. Now, having added hundreds of contracting experts to DOD’s ranks, and with review
23

Lockheed Martin photo

data in hand, Carter said the Pentagon has better knowledge of the F-35 program “than we’ve ever had,” and this will improve oversight and management of the project. The emphasis on restraining F-35 costs is not simply proactive management on Carter’s part. It’s also the law. The Weapon Systems Acquisition Reform Act of 2009 requires, among other things, that the Pentagon use much more realistic metrics for predicting costs on a program. Venlet told the SASC that he’s committed to “realism” on the F-35, and told reporters this spring that he’s determined not to overpromise on the program, since so many previous expectations have not panned out. Previous F-35 program managers insisted there was no comparison between how...

Other Papers Like Make or Break for F-35

Hp Stuff Essay

983 words - 4 pages A and B, at unit price of $4 and $12. ratio of 1 to 3. CMR= 40% and the break-even volume is 6000 (total) units. extra $1.30 per unit of each unit of product A sold in excess of 1800 and $0.90 per unit of each unit of B sold in excess of 5400 units per year. Calculate the number of A and B units to be sold to make a profit of $19800. Slope changing beyond B/E. The slope changes after X = 7200 units *+$1.30 for each unit of A beyond 1800 units

Online Shopping Vs. Traditional Shopping Essay

533 words - 3 pages Term 1 MARKS RECORD 2013-2014 Student Name : Hanaa Atef AlAtieh Grade : Gr7 - F Student eSIS : 455425 School eSIS : 9163 Subject | Term Work | Term Assessments | Term Exam | | | | | | | Total Term % | GRADES | Islamic Education - Arabs | 35 | 31 | 30 | 27 | 35 | 31 | | | | | | | 89 | B+ | Arabic Language - Arabs | 35 | 32 | 30 | 26 | 35 | 30 | | | | | | | 88 | B+ | UAE Social Studies - Arabs | 35

Cost Accounting

1183 words - 5 pages |500 | Required: a) Calculate the break-even point in units and sales revenue. (3 marks) b) What is the margin of safety in units and sales revenue? (2 marks) c) Calculate the C/S ratio. (2 marks) d) Calculate the budgeted profit for the month of October 2010. (4 marks) e) If the company wanted to make a profit of $3,000,000 how

Psyc3001 Topic 6

3604 words - 15 pages UNSW PSYC3001 Research Methods 3 ‐ Topic 6 Lecture Slides    Dr Melanie Gleitzman  Topic 6 – Post-hoc contrast analysis, controlling Familywise error rate What inferential procedure should follow a significant ANOVA test? When ANOVA F test is significant, and have rejected homogeneity hypothesis, what should happen next is to make inferences regarding hypotheses implied by homogeneity hypothesis  make confident inferences for contrasts (and

Mktg 3010 Final Exam Study Guide

666 words - 3 pages Break Even (Unit Sales Price-Variable Costs) Fixed Costs = Break Even (Unit Sales Price-Variable Costs) Fixed Costs = Principles of Marketing – MKTG 3010 – Fall 2014 Final Exam Study Guide –this guide is illustrative rather than exhaustive Topics from overall course themes (about 30-35% of the exam) * Brief definition of marketing: Managing profitable customer relationships * SWOT analysis * Break-even analysis

Marketing

2820 words - 12 pages and they have to rely on slow personal contact selling. e) There was no fair idea about how to advertise the new product. f) The critical decisions on type of calendar to make and on what kind of athletes was not made. g) There was only $8000 available in startup capital. And students need to make at least profit of $8,000 to cover the startup capital or break even, and $18,000 to pay for the capital and tuition, which was the

Fin 534 Week 10 Homework Set 5

718 words - 3 pages additional output. The firm has tax loss carryforwards that render its tax rate zero, its cost of equity is 16%, and it uses no debt. 5. What is the incremental profit? To get a rough idea of the project’s profitability, what is the project’s expected rate of return for the next year (defined as the incremental profit divided by the investment)? Should the firm make the investment? Why or why not? 6. Would the firm’s break-even

Fin 534 Week 10 Homework Set 5

718 words - 3 pages additional output. The firm has tax loss carryforwards that render its tax rate zero, its cost of equity is 16%, and it uses no debt. 5. What is the incremental profit? To get a rough idea of the project’s profitability, what is the project’s expected rate of return for the next year (defined as the incremental profit divided by the investment)? Should the firm make the investment? Why or why not? 6. Would the firm’s break-even

Mathematics - Continuity and Differentiability

1547 words - 7 pages all the questions have been provided at the end of the book. (i) Do not see the solutions before attempting these questions. (ii) Do not attempt these questions if you are not prepared for the chapter. Q.1 If n ∈ N and [x] denotes the greatest integer less than or equal to x, then is lim logxn − [x] exists? [x] x →0 (1 mark) Q.2 Find the number of points at which the function f ( x) = 1 is discontinuous. log | x

Business Economics

581 words - 3 pages BE formulary Break-even point is when the profit is 0, meaning the incoming money pays exactly for fixed and variable costs. q=units V=variable costs p= selling price V=v*q v= variable costs per Unit F=fixed costs C=F+v*q (total costs) break-even point= Fp-v to reach a certain profit= F+profit to reachp-v turnover= p*q contribution margin=p-v in % (p-v)/p contribution margin is the total sales minus variable costs Safety

Probabilities

4854 words - 20 pages . Show that µ − σ and µ + σ are points of inflection of this function. That is, show that f (x) = 0 when x = µ − σ or x = µ + σ. We must make a substitution to simplify the computation of the derivatives. The PDF for the normal distribution is given by f (x) = √ 1 x−µ 2 1 e− 2 ( σ ) 2πσ Recall that z = x−µ , so let’s replace it with z. Once we write the function in terms of z, we σ then must also remember to use the chain rule since z is a

Related Essays

Therefore In Order To Make Sure That They Are The Highest Competitor In The Market, Or To Match The Other Strong Competitors, A Significant Amount Of Money Will Need To Be Spent, Using A Marketing...

340 words - 2 pages significant budget. Not only will it need to promote its new strategy in order to gain more customers, but the case study informs us that Sound and Vision are up against a lot of competition, from both online retailers and supermarkets.    Therefore in order to make sure that they are the highest competitor in the market, or to match the other strong competitors, a significant amount of money will need to be spent, using a marketing budget, for

Differentiation Rules (Differential Calculus) Essay

1138 words - 5 pages Differentiation Rules (Differential Calculus) 1. Notation The derivative of a function f with respect to one independent variable (usually x or t) is a function that will be denoted by D f . Note that f (x) and (D f )(x) are the values of these functions at x. 2. Alternate Notations for (D f )(x) f (x) d For functions f in one variable, x, alternate notations are: Dx f (x), dx f (x), d dx , d f (x), f (x), f (1) (x). The dx “(x)” part

Report For Eagle Racing Simulation

1023 words - 5 pages  maker of a race  ag e you a e a g e e dec s o a e of a ace car company, faced with the dilemma of making a  number of decisions affecting the financial future of  f ff g f f f your company. You are confronted with different  options, types of information, and conflicting  p , yp f f , f g opinions, which you will have to analyze and manage  p p y properly in order to make the best decision. Take note of… • • • • • How

Bc Packer Essay

1330 words - 6 pages money from the market. There are several approaches such as increase sales discount to attract customers, or hire more sales people to promote their products, or raise commission to the distributors, etc. But I won’t recommend them to increase advertising cost unless it could make a really big effect on market share. At least I believe it is an excellent entry period for B.C. Packer to enter into gourmet segment of cat food market base on my analysis. 5 o m w w w w