No F-35 funding gap talks between MoD and Lockheed Martin UK
The UK MoD and Lockheed Martin UK have not spoken about how to bridge a £7.9 billion ($10.7 billion) funding gap for the 48 F-35B fighter jets currently on contract and additional aircraft to be bought in the future.
The funding black hole was originally identified by the Public Accounts Committee in a November 2020 report into the UK’s carrier strike capabilities, with the government body also questioning how many F-35s the MoD can afford.
‘We haven’t had dialogue in terms of [the MoD saying] Lockheed Martin come and show me how you can get £7 billion out of the
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
More from Defence Notes
-
Industrial capacity under scrutiny as US approves further $8.6 billion Middle East arms sale
The fast-tracked emergency approvals come as the conflict in the Middle East stretches out into its third month, after Iranian attacks depleted US allies’ missile stockpiles and testing air defence systems.
-
Intelligence innovation: From data overload to decision advantage (Podcast)
As militaries face an overwhelming flow of data, the challenge is shifting from collection to delivering fast, actionable insights that drive decision-making. Advances in AI and data integration are helping armed forces move beyond siloed systems to generate real-time intelligence across domains and allies.
-
Teledyne FLIR adds GPS-denied 3D-mapping capabilities to its CBRN uncrewed platforms
In a partnership with Emesent, Teledyne FLIR will equip its autonomous air, ground and detection systems with the Hovermap LiDAR payload in a move that highlights a broader market shift towards modular architectures, shared payloads and interoperability across platforms.
-
US seeks 32% boost for missile defence budget with $23 billion earmarked for interceptors
The Pentagon’s proposed budget for the next fiscal year includes an impressive increase in the procurement of interceptors, with the number of the US Army’s PAC-3 MSE rounds expanding by 683%, the US Navy’s Standard Missile by 365% and the MDA’s SM-3 IIA by more than 1,000%.
-
US Army partners with Global Military Products to surge munitions production
Global Military Products was selected by the US Army to operate the Quad Cities Cartridge Case Facility and ramp up the production of various calibre shell cases.