Air Force Meeting Requirements For Multi-Year Funding On F-22 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.17.24

Airborne-NextGen-06.18.24

Airborne-Unlimited-06.12.24 Airborne-FltTraining-06.13.24

Airborne-Unlimited-06.14.24

Thu, Jul 27, 2006

Air Force Meeting Requirements For Multi-Year Funding On F-22

The Air Force will meet all requirements to proceed with multi-year funding on purchasing of the last 60 F-22 Raptor aircraft.

During a July 26 testimony before the Senate Armed Service Committee air-land subcommittee, Secretary of the Air Force Michael W. Wynne said the service has met five of six legislative requirements for proceeding with multi-year funding on the F-22 aircraft.

"The one I lack, really, is the authorization from the Congress," Secretary Wynne said. "I believe we have met five out of the six, the sixth being the funding, which I intend to meet in the fiscal year 2008 program objective memorandum."

In order to proceed with multi-year funding on the F-22, the Air Force must meet the six criteria laid out in Title 10 U.S. Code, Section 2306B. That part of the law requires the Air Force to show the multi-year contract promotes national security, the number of aircraft required is stable, the aircraft design is stable, the contract will result in substantial savings, the costs estimates for the contract and cost avoidance are realistic, and be able to provide stable funding throughout the contract period.

Lots 7, 8 and 9 of the F-22 will each produce about 20 aircraft, for a total of 60 over the course of six years. The last jet would be delivered around 2011.

Due to Department of Defense budget constraints, the Air Force was directed to purchase fewer aircraft in these lots than what the manufacturer is actually capable of producing. That slowdown of production would mean a cost increase for each individual jet, one that would be mitigated, in part, by the savings realized with multi-year procurement.

Under multi-year procurement, some funding for all three lots of aircraft would be given to the manufacturer in advance under economic order quantity purchase, allowing it to buy materials and parts in bulk to reap a savings. The Air Force could save as much as $3.7 million per aircraft under the plan.

The Air Force asked Congress to approve multi-year funding for the remaining 60 Raptors it plans to purchase over the next three fiscal years. Both houses of Congress have already approved the request. [ANN Salutes Staff Sgt. C. Todd Lopez, AFPN]

FMI: www.af.mil

Advertisement

More News

ANN FAQ: Submit a News Story!

Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]

Aero-News: Quote of the Day (06.12.24)

“The legislation now includes a task force with industry representation ensuring that we have a seat at the table and our voice will be heard as conversations about the futur>[...]

ANN's Daily Aero-Linx (06.12.24)

Aero Linx: Waco Museum The WACO Historical Society, in addition to preserving aviation's past, is also dedicated and actively works to nurture aviation's future through its Learnin>[...]

ANN's Daily Aero-Term (06.12.24): Adcock Range

Adcock Range National low-frequency radio navigation system (c.1930-c.1950) replaced by an omnirange (VOR) system. It consisted of four segmented quadrants broadcasting Morse Code >[...]

Airborne Affordable Flyers 06.06.24: 200th ALTO, Rotax SB, Risen 916iSV

Also: uAvionix AV-Link, Does Simming Make Better Pilots?, World Games, AMA National Fun Fly Czech sportplane manufacturer Direct Fly has finished delivering its 200th ALTO NG, the >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC