LOCKHEED MARTIN SELECTS RAYTHEON TO DELIVER NEXT GENERATION F-35 SENSOR SYSTEM

The F-35's Distributed Aperture System collects and sends high resolution, real-time imagery to the pilot's helmet from six infrared cameras mounted around the aircraft, allowing pilots to see the environment around them - day or night.

Supply Chain Competition to Significantly Reduce Cost, Improve Reliability and Enhance Capability

FORT WORTH, Texas, June 13, 2018/PRNewswire/ -- Lockheed Martin [NYSE: LMT] selected Raytheon [NYSE: RTN] to develop and deliver the next generation Distributed Aperture System (DAS) for the F-35 fighter jet. The result of a Lockheed Martin-led competition, the selection will enhance capability and reduce cost.

The F-35's DAS collects and sends high resolution, real-time imagery to the pilot's helmet from six infrared cameras mounted around the aircraft, allowing pilots to see the environment around them – day or night. With the ability to detect and track threats from any angle, the F-35 DAS gives pilots unprecedented situational awareness of the battlespace.

"The supply chain competition for the next generation F-35 Distributed Aperture System resulted in significant cost savings, reliability and performance improvements," said Greg Ulmer, Lockheed Martin vice president and general manager of the F-35 program. "We are aggressively pursuing cost reduction across the F-35 enterprise and this initiative is a clear demonstration of our unrelenting commitment to reduce costs and deliver transformational capabilities for the warfighter."

Reduce Costs, Increased Performance

The Raytheon-built DAS will be integrated into F-35 aircraft starting with Lot 15 aircraft, expected to begin deliveries in 2023. The next generation DAS system is estimated to generate the following results compared to the current system:

• More than $3 billion in life cycle cost savings
• Approximately 45 percent reduction in unit recurring cost
• Greater than 50 percent reduction in operations and sustainment cost
• 5 times more reliability
• 2 times performance capability improvement
• The new system will also indirectly benefit aircraft readiness and service manpower requirements

"Raytheon's solution delivers next generation capability for the fifth generation F-35," said Roy Azevedovice president of Intelligence, Surveillance and Reconnaissance Systems at Raytheon Space and Airborne Systems. "Our focus is on providing pilots every tactical advantage imaginable while ensuring taxpayers receive the best value possible."

With stealth technology, advanced sensors, weapons capacity and range, the F-35 is the most lethal, survivable and connected fighter aircraft ever built. More than a fighter jet, the F-35's ability to collect, analyze and share data is a powerful force multiplier enhancing all airborne, surface and ground-based assets in the battlespace and enabling men and women in uniform to execute their mission and come home safe.

For additional information, visit www.f35.com.

Pratt & Whitney Announces Growth Option 2.0 for F135 Engine

BROOKLYN, N.Y., June 12, 2018 /PRNewswire/ -- Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), today announced a Growth Option 2.0 upgrade for the F135 engine, which powers the fifth generation F-35 Lighting II aircraft, that can provide increased power and thermal management system (PTMS) capacity. The Growth Option 2.0 upgrade can be configured based on customer requirements to offer a range of PTMS improvements, an area which is emerging as a critical enabling capability for future block upgrades to the F-35 aircraft. The near-term iteration of this upgrade can provide a significant improvement in PTMS capacity.

"As the F-35 program moves forward with the Continuous Capability Development and Delivery (C2D2) strategy, we strive to stay in front of propulsion advances needed to enable F-35 modernization," said Matthew Bromberg, president, Pratt & Whitney Military Engines. "We're continuously assessing customer needs and responding with technology insertion options to keep them ahead of evolving threats."

Growth Option 2.0 incorporates the same suite of compressor and turbine technologies offered in the previously announced Growth Option 1.0, and also brings scaled advances in PTMS capacity while maintaining the same fuel burn (5-6 percent) and thrust improvements (6-10 percent) across the F-35 flight envelope. By selecting from Pratt & Whitney's full suite of technologies, F-35 customers can chose the magnitude of PTMS improvements as the mission requires.

Increases in PTMS capacity can enable the F-35 to utilize an enhanced spectrum of offensive and defensive weapon system technologies. Growth Option 2.0 can provide a  significant improvement in PTMS capacity in the near-term by utilizing several low-risk technologies ready for Engineering and Manufacturing Development (EMD) today. Pratt & Whitney is also maturing additional technologies that are projected to provide even greater PTMS capability.

Growth Option 2.0 represents the next iteration of Pratt & Whitney's Future Adaptive Spiral Technology approach, which enables the timely insertion of next-generation propulsion technologies into current and future platforms. The foundation of this approach is a suite of adaptive engine technologies Pratt & Whitney is developing to meet the demands of range, persistence, survivability, maintainability and advanced weapon systems for the missions of tomorrow. These advanced technologies can be spiraled in as they become available and provide a full range of options for customers, enabling them to maintain the operational edge now and into the future.

"Our spiral approach allows Pratt & Whitney to offer rapid, iterative upgrades such as Growth Option 1.0 and Growth Option 2.0 that put next generation propulsion technologies into the hands of the warfighter as fast as possible," added Bromberg. "These upgrades are aligned with the F-35 C2D2 strategy and provide a range of options to meet future weapons system requirements for the F135 engine."     

LOCKHEED MARTIN OPENS NEW FACILITY TO SUPPORT F-35 PRODUCTION GROWTH

New manufacturing facility expected to bring new jobs to Pinellas Park

PINELLAS PARK, Fla., April 30, 2018/PRNewswire/ -- Elected officials and business community leaders joined Lockheed Martin (NYSE: LMT) today in the formal opening of a new manufacturing facility that will create more than 80 new jobs by mid-2019. These new jobs are in addition to the 30 Lockheed Martin jobs added late last year to support the increasing F-35 production rate. The facility is expected to be operational by mid-May.

"Keeping America safe and growing Florida's economy are intertwined," said U.S. Rep. Charlie Crist. "The Lockheed Martin Pinellas facility exemplifies that dynamic, a center of excellence for manufacturing in our own backyard. We're proud of the men and women who work here, producing key components for the most powerful fighter jet the world has ever seen. The F-35 protects U.S interests abroad while returning our pilots home safely."

Lockheed Martin currently employs approximately 270 people at the Pinellas Park operation. The new facility will assemble canopies and bulkheads for the F-35 Lightning II program. The expanded work is a result of the rapid growth of the F-35 production program. The facility, located in Pinellas County, adds 65,500 square feet of manufacturing and office space and is expected to begin delivering parts to the main F-35 production facility in Fort Worth, Texas, by mid-summer.  In 2018 alone, the Pinellas facility will deliver more than 200 F-35 components to support production and sustainment of the growing F-35 fleet.

"This is an exciting day for us in Pinellas Park," said André Trotter, program director and general manager of the Lockheed Martin Pinellas Park operation. "Continued growth and success of the F-35 program is vital to our national security. The hard-working men and women who produce critical components for the F-35 program are what make all of this possible." 

Across Florida, Lockheed Martin operations employ about 14,400 people. In addition to the new jobs in Pinellas Park, Lockheed Martin recently announced an additional 500 jobs by the end of 2019 in Orlando. Work on the F-35 in Florida includes 97 businesses employing nearly 22,500 direct and indirect jobs.

The F-35 provides economic stability to the U.S. and allied nations by creating jobs, commerce and security and contributing to the global trade balance. In 2017, the F-35 program had more than 1,500 suppliers in 46 states and Puerto Rico, employed more than 194,000 people (direct and indirect), and generated an economic impact of over $31 billion. As the program reaches full rate production, there will be an increase in jobs and economic impact.

With stealth technology, advanced sensors, weapons capacity and range, the F-35 is the most lethal, survivable and connected fighter aircraft ever built. More than a fighter jet, the F-35's ability to collect, analyze and share data is a powerful force multiplier that enhances all airborne, surface and ground-based assets in the battlespace and enables men and women in uniform to execute their mission and return home safe.

For additional information, visit our websites: www.lockheedmartin.com and www.f35.com.