Printer Friendly
The Free Library
14,599,653 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Strike Fighter Likely to Lift Subcontractors.


With the Pentagon expecting to choose a contractor this fall for the Joint Strike Fighter A strike fighter is a fighter aircraft which is also capable of attacking surface targets, including ships. It differs from an attack aircraft in that the aircraft remains a capable fighter. , the largest military program in history, Los. Angeles County is poised to get more than $100 billion in subcontract work, regardless of Which of the two teams is awarded the winner-take-all contract.

The JSF (JavaServerFaces) A standard framework of components for building rich user interfaces for Java applications. JavaServer Faces run on the server, but are displayed on the client.

JSF - JavaServer Faces
, a next-generation attack plane, would be the heart of the country's air defenses, serving as a complement to the Navy's F/A-18 Super Hornet hornet: see wasp.  and replacing the Air Force's F-1 Falcon and the Marines' AV-8 Harrier, as well as the U.K.'s Sea Harrier.

"As (the JSF program) builds up, there will be increasing activity in the subcontractor plants. It certainly could be a bonanza," said Paul Nisbet, a partner in JSA JSA - Japanese Standards Association.  Research Inc., a Newport, R.I. defense analyst firm. "The whole defense and aerospace industry in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  has been moribund under the Clinton administration Noun 1. Clinton administration - the executive under President Clinton
executive - persons who administer the law
. Now (the JSF work) will keep the aerospace industry growing."

While Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S.  Corp. and Raytheon Co., the two major local subcontractors, could see billions from the contract, the program also will bring hundreds of millions of dollars to smaller subcontractors. In fact, smaller local subcontractors are virtually guaranteed years of revenues since many of them perform work for both teams competing for the overall $300 billion contract.

Pentagon officials said the prime contractor that wins the engineering and manufacturing development (EMD EMD Electromechanical dissociation, see there ) contract -- Northrop's leader Lockheed Martin For the former company, see .

Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta.
 Corp. or Raytheon's leader Boeing Co. -- would be guaranteed the full production contract for building about 3,000 planes costing $30 million to $38 million each over a 30- to 40-year period.

Under Secretary of Defense Pete Aldridge stated late last month on his official Web site that plans for the JSF are moving forward.

"Both airplanes... are performing exceptionally well," he said of recent tests of the Lockheed and Boeing prototypes. "The cost of the program looks OK. The schedule of the program still looks OK. So right now, we're heading towards the plan that we've laid out for ourselves, and that's to select the- winner-take-all on the first of October."

Although the EMD phase is expected to take 10 years to complete, light production could begin in 2004 with the first deliveries made in 2008, officials said.

Plane recipients

The overall program calls for construction of 1,763 of the stealthy stealth·y  
adj. stealth·i·er, stealth·i·est
Marked by or acting with quiet, caution, and secrecy intended to avoid notice. See Synonyms at secret.
 jet fighters for the U.S. Air Force, 609 for the U.S. Marines, 480 for the U.S. Navy and 150 for the United Kingdom's Royal Air Force and Royal Navy.

Hundreds of billions of dollars more are expected to be generated through the sale of planes to countries other than England.

For the 3,000-plus U.S. and British JSF planes, the El Segundo operations of both Raytheon and Northrop are each in line to receive 15 percent of the overall project cost - approximately $45 billion -- should their team get the contract, officials of both companies said.

"This is big bucks," said Mark Day, a Raytheon spokesman. "This is billions for Raytheon down the road. This would be one of the largest programs Raytheon has ever been involved in."

Two Torrance-based subcontractors -- Moog Inc. and Honeywell Engines and Systems -- also are poised to see major revenue streams when the program is funded because they have secured commitments with both competitors for the contract.

Although Weber Metals Inc. of Paramount is currently slated to manufacture aluminum airframe parts for the Lockheed team, company officials hope they can secure business for Boeing's team if that defense giant gets the contract.
COPYRIGHT 2001 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Author:GREENBERG, DAVID
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 9, 2001
Words:587
Previous Article:San Pedro Revitalization Hopes Are Riding on Vintage Red Cars Trolleys.(Brief Article)
Next Article:Watts Group Sues LAUSD.(Los Angeles Unified School District )(Brief Article)
Topics:



Related Articles
L.A.'s aerospace business - M.I.A. (Los Angeles, California; Defense Department orders)
Boeing Shows Plan for Fighters.(Brief Article)
Big Contracts Give Lift to Aerospace Firms.(Brief Article)
Fighter Contract Lifts Northrop.(Northrop Grumman wins Joint Strike Fighter pact from Lockheed Martin Corp.)(Statistical Data Included)
Aerospace/Defense. (Barely Making the Grade).(economic performance of companies in 2001)(Brief Article)(Statistical Data Included)
Lockheed Stealth Jet lifts local Aerospace. (Up Front).(Lockheed Martin Corp.'s F-22 Raptor program to bring billions of dollars to the aerospace...
Expected gains from jet orders tempered by cuts. (Up Front).(Brief Article)(Statistical Data Included)
Pentagon cuts Lockheed jet order as snags, costs spin gilt of control.(Lockheed Martin Corp.)
Aerospace deal.(MAY 6-12)(Boeing Co. and Northrop Grumman Corp.)(Brief Article)
F-35 MODEL MEETS PRESS IN KOREA JOINT STRIKE FIGHTER MODEL AT AIR SHOW.(News)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles