There are no “Government Funded Items” in the LRIP contracts. It includes everything from the airframe, engine, avionics, ect. IIRC, it came in at about $126 million. The LRIP4 contract came in two parts, LM (airframe & avionics) & P&W (engine).
No. The Government funded items, are Government funded items in every tranche, contract, whatever you want to call it.
The LRIP IV contract has been signed with LM, then the US Governement had to sign several other contracts with severall vendors for government funded items, the most important of it was with Pratt and Whitney, the F-35A “objective price” (it can go up 20%, up to 20% its the tax payer who, well… pays, everything over 20% its LM who foots the bill) is $111.6 million then you have to join the costs of things like the engine, i am pointing to a unit cost of roughly $128/129 million (thats the objective), and i am expecting a bit higher real cost.
“The Pentagon’s most recent per-unit target price for the conventional-takeoff-and-landing (CTOL) version of the F-35 Joint Strike Fighter is $111.6 million, according to program officials.
The target price for the short-takeoff-and-vertical-landing (Stovl) version, which has encountered the most challenging technical and testing problems, is $109.4 million, the F-35 Joint Program Office says. And the target cost for the most expensive variant — the carrier version (CV) — is $142.9 million, officials say.
The price data traditionally has not been publicly released, but the program office released these figures to Aviation Week in response to questions.
Neither price includes the cost of the Pratt & Whitney F135 engines; that contract is under negotiation. Based on the low-rate-initial-production (LRIP) III pricing, the average cost of a CTOL engine is about $19 million and the average Stovl engine and lift-fan system cost is about $38 million. Pratt has offered a price reduction of at least 10% for LRIP IV.
Negotiations for the LRIP IV contract began in October 2009 and continued for more than a year; the contract deal was announced Nov. 19 without data on the per-unit target pricing. During that time, the Pentagon learned of more delays in delivering test aircraft as well as a lag in the flight testing program itself. Pentagon procurement czar Ashton Carter and acting Air Force procurement chief David Van Buren shifted LRIP IV away from being a cost-plus-incentive-fee contract.
LRIP IV is the first fixed-price, incentive-fee contract on the JSF production program. Pentagon officials were planning to shift to a fixed-price arrangement in LRIP V, but accelerated that plan to reduce financial exposure to the government of potential cost overruns. LRIP IV also includes the first purchase of CV versions.
The target price is driven largely by quantities. The prices include 11 CTOLs, one of which is a priced option. The base buy includes 10 CTOL aircraft for the U.S. Air Force. The Marine Corps is buying 16 Stovl aircraft, with another going to the United Kingdom. London, however, recently announced it would not purchase a Stovl fleet and this aircraft will be used for testing. This leaves the U.S. Marines and Italy as the only potential Stovl customers.”
http://www.aviationweek.com/aw/generic/story_channel.jsp?channel=defense&id=news/awx/2010/12/16/awx_12_16_2010_p0-277980.xml
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