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F-35 Proposal Submitted to Swiss Government

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On Nov. 18, Lockheed Martin (NYSE: LMT) and the U.S. government submitted a proposal for the F-35 to Switzerland as part of the New Fighter Aircraft competition. The offer includes up to 40 F-35A aircraft and a customized sustainment solution. Additionally, Swiss industries could benefit from direct production contracts and cyber security projects related to the F-35. Lockheed Martin emphasizes that its proposal provides a 5th generation fighter at the cost of a 4th generation aircraft, designed to enhance Swiss sovereignty.

Positive
  • Proposal includes up to 40 F-35A aircraft and tailored sustainment solutions.
  • Offers significant work opportunities for Swiss industry across various regions.
  • Proposal priced as a 5th generation fighter at the cost of 4th generation alternatives.
Negative
  • None.

FORT WORTH, Texas, Nov. 19, 2020 /PRNewswire/ -- On Nov. 18, the U.S. government and Lockheed Martin (NYSE: LMT) submitted an F-35 proposal to the Swiss government in support of Switzerland's New Fighter Aircraft (NFA) competition.

The F-35 proposal is a total package offering that includes up to 40 F-35A aircraft, a sustainment solution tailored to Swiss autonomy requirements, and a comprehensive training program.

The offering includes an industrial package providing Swiss industry substantial F-35 work opportunities. Should the F-35 be selected as the new fighter for Switzerland, this industrial work would take place in all Swiss regions. Swiss industry has the opportunity to compete for direct production of components for use on all F-35s produced, sustainment projects focused on supporting the Swiss Air Force and enhancing Swiss autonomy, and cyber security projects directly related to the F-35.

The offer uses the F-35 Global Support Solution for sustainment to ensure Switzerland benefits from the European F-35 economies of scale to realize lower sustainment costs for the Swiss Air Force. It also includes a six-month spares package to ensure the Swiss Air Force has the ability to conduct autonomous operations, if needed. Lockheed Martin is also offering an option for the assembly of four aircraft in Switzerland to ensure the Swiss Air Force and Swiss industry gain an understanding of how to maintain the F-35 airframe and its advanced capabilities for the life of the program.

"We are confident that our F-35 offer is the best and most affordable solution for the Swiss NFA competition," said Greg Ulmer, F-35 Program vice president and general manager. "We are offering the only 5th generation fighter at the cost of 4th generation aircraft while offering Switzerland an aircraft that will protect Swiss sovereignty for decades to come."

To date, the F-35 has been selected by 13 nations and operates from 26 bases worldwide, with nine nations operating F-35s on their home soil. There are more than 585 F-35s in service today, with more than 1,190 pilots and 9,750 maintainers trained on the aircraft. 

For additional information, visit www.f35.com.

About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 110,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. For additional information, visit our website: www.lockheedmartin.com.

Please follow @LMNews on Twitter for the latest announcements and news across the corporation.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/f-35-proposal-submitted-to-swiss-government-301177478.html

SOURCE Lockheed Martin Aeronautics

FAQ

What was submitted to the Swiss government on Nov. 18 regarding Lockheed Martin and the F-35?

Lockheed Martin and the U.S. government submitted a proposal for the F-35 aircraft as part of Switzerland's New Fighter Aircraft competition.

How many F-35A aircraft are included in Lockheed Martin's proposal for Switzerland?

Lockheed Martin's proposal includes up to 40 F-35A aircraft.

What advantages does Lockheed Martin's proposal offer for Swiss industry?

The proposal offers substantial work opportunities for Swiss industry, including production contracts and cyber security projects.

What generation of fighter does Lockheed Martin offer to Switzerland?

Lockheed Martin is offering a 5th generation fighter at the cost of a 4th generation aircraft.

When was the F-35 proposal for Switzerland announced?

The F-35 proposal was announced on Nov. 19, 2020.

Lockheed Martin Corp.

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