Asked during his briefing here whether 25 by 25 was achievable, Greg Ulmer, head of the F-35 program for Lockheed Martin, said the company would prove itself just as it had by lowering the cost of an F-35A to below $80 million one year early.

FARNBOURGH AIR SHOW: When Lockheed Martin bumped North Grumman’s Disgtributed Aperture System from the F-35 program in favor one offered by Raytheon, analysts were shocked. it largely drove Northrop out of a significant segment of the electro-optical sensor market and was believed to significantly reduce the company’s revenue over the life of the F-35. Greg… Keep reading →