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IHS Jane's: Defense & Security Intelligence & Analysis
 

JSF project could be worth $38bn to UK industry

By Guy Anderson

3/20/2009

Industrial participation could generate business valued at USD38 billion for UK businesses through the system development and demonstration and production phases of the F-35 Lightning II Joint Strike Fighter (JSF) aircraft programme, programme leader Lockheed Martin estimated.

The United States group added: "Much, much more value will be generated through any follow-on production and sustainment work."

The comments came on 18 March, following the announcement that the UK – the only level one partner in the international programme – will move ahead with its plan to purchase its first three F-35 aircraft despite significant pressure on the country's procurement funds.

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