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Pratt & Whitney hopes to beat price goals for F-35 engine  (Source: DefenseNews)
Company found a way to boost thrust by 100 pounds for Marine F-35

The F-35 fighter program is over budget and behind schedule, but the contractors are working hard to get back cut costs and adhere to time schedules. One of the most costly components of the F-35 is its engine made by Pratt & Whitney. The company has announced that it is working to lower the price of the engine and that the price could drop even more in the coming years. 

This news comes ahead of the start of negotiations between the Pentagon and primary contractor Lockheed Martin for the next batch of fighters. Bennett Croswell, president of Pratt & Whitney military engines said, "We have activities planned and in place to bring the cost down in [low-rate initial production] 5."

The fifth batch of F-35 fighters is part of the LRIP 5 batch. Pratt & Whitney has plans to reduce the cost of the F135 engine to the price of the older F119 engine that the F-22A uses. What exactly those prices are is unknown since that is proprietary information owned by the engine builder. Pratt & Whitney has said that it was able to beat the price target during the negotiations for the fourth batch of fighters and it hoped to be able to beat pricing again on the fifth batch purchase.

Croswell said, "We're constantly looking at ways to do even better than what that plan is."

While negotiations are going on for the next batch of engines, Pratt & Whitney has announced that it has found a way to increase the thrust of the F135 engine used in the vertically landing version of the F-35 that will be flown by the Marine Corps. The change will add 100 pounds of thrust to the engine and the company is also trying to reduce the weight of the engine by 100 pounds.

There are some in Washington that want to see development of the second F-35 engine renewed. An amendment proposed by the House would allow the second engine to be developed at the cost of the builder. The second engine for the F-35 was officially killed in March.



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RE: Most expensive defense program, ever
By AssBall on 6/7/2011 2:41:44 PM , Rating: 5
F-35 program...

-50 billion
-peace of mind
-a sweet ass jet fighter

TARP...

~700 billion
~banks are still screwed
~we are still screwed

Conclusion...
F-35 wins.


RE: Most expensive defense program, ever
By fic2 on 6/7/2011 4:52:50 PM , Rating: 2
The F-35 program is closer to $1T: $300B+ for acquisition and $650B+ for operating costs.


RE: Most expensive defense program, ever
By AssBall on 6/7/2011 5:14:09 PM , Rating: 2
Yes, the number I found apparently is totally wrong.

To be fair though, we do get 2500 of them.

The comment was meant to be satirical more so than factual. Point is we waste money on far stupider sh_t than the F-35. I mean we pay 200 billion a year alone in interest. It's messed up.


RE: Most expensive defense program, ever
By phantom505 on 6/7/2011 5:35:31 PM , Rating: 2
Yes, far stupider stuff, like making sure the entirety of the economy doesn't collapse.


By SPOOFE on 6/7/2011 11:55:12 PM , Rating: 2
How's that working out for ya? What? They say we need another one, bigger than before? Ya don't say?


By TSS on 6/7/2011 5:41:49 PM , Rating: 2
wrong again!

http://www.treasurydirect.gov/govt/reports/ir/ir_e...

you pay double the 200 billion you mentioned, and at historically low rates close to 0%. And how exactly have those rates been historically?

http://research.stlouisfed.org/fred2/series/WGS5YR


RE: Most expensive defense program, ever
By fic2 on 6/7/2011 7:54:46 PM , Rating: 2
Agreed with the far stupider stuff - I saw a couple of weeks ago that the DoD's printing budget is over $400B. $400B yearly for printing! Apparently they haven't gotten the memo to be green and not print everything.


RE: Most expensive defense program, ever
By SPOOFE on 6/8/2011 12:01:52 AM , Rating: 2
I'm pretty sure the number you heard was in the millions. Still ridiculous, but, ya know, a few orders of magnitude lower... :)

http://thehill.com/blogs/floor-action/house/153743...

"Democrats sent one speaker to the floor in a brief debate on H.R. 1246, which would cut 10 percent in DOD printing costs, or $35.7 million from the estimated FY 2012 budget."


By fic2 on 6/8/2011 10:46:23 AM , Rating: 2
Your correct. Guess I was thinking that the DoD only does things on the B scale.


RE: Most expensive defense program, ever
By cruisin3style on 6/7/2011 5:25:44 PM , Rating: 2
I'm not trying to say anything about the F-35's worth, but as far as your numbers go I believe it is the other way around.

The F-35 program will supposedly cost $1 trillion over it's life, while (also supposedly) most TARP funds have been repaid and it is projected to cost taxpayers less than $50 billion i think was what I last heard.

Again, nothing on TARP or F-35 validity, but it helps to have your numbers right.

Let the downrating begin


RE: Most expensive defense program, ever
By SPOOFE on 6/8/2011 12:15:42 AM , Rating: 2
quote:
The F-35 program will supposedly cost $1 trillion over it's life

Which works out to a relatively negligible cost per year.

quote:
most TARP funds have been repaid and it is projected to cost taxpayers less than $50 billion i think was what I last heard.

Yes, TARP is immaterial at this point; the stimulus package - properly called something like the Economic and Housing Recovery Act of 2008 (or maybe it was Housing and Economic... nevermind) - is a whole 'nother money-chomping beast... and incidentally, there are several not-insignificant voices calling for a second, bigger stimulus.


By SPOOFE on 6/8/2011 12:24:24 AM , Rating: 2
Found it! I got all kinds of names mixed up: American Recovery and Reinvestment Act of 2009. Man, just browsing through the list of areas money has been shunted to makes my head spin...


RE: Most expensive defense program, ever
By phantom505 on 6/7/2011 5:28:28 PM , Rating: 2
Except we have made a small profit on many of the TARP loans. Oops I guess you didn't know that.

Welcome to reality based land and not FauxNews.

http://www.streetinsider.com/Corporate+News/Treasu...


RE: Most expensive defense program, ever
By AssBall on 6/7/2011 7:55:58 PM , Rating: 2
It is easy to ignore real life when your an idealogical puppet for socialism.


By SPOOFE on 6/8/2011 12:26:18 AM , Rating: 2
I dunno, he thinks it's A-Okay as long as we make a profit... sounds pretty capitalistic to me! :)

But the truth is that everyone's a capitalist; you can immediately tell if they're a dishonest capitalist if they claim to be a socialist.


"A politician stumbles over himself... Then they pick it out. They edit it. He runs the clip, and then he makes a funny face, and the whole audience has a Pavlovian response." -- Joe Scarborough on John Stewart over Jim Cramer














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