Smiths Aerospace to gain $10 billion in business from JSF

Smiths Aerospace expects to gain more than $10 billion in business following Lockheed Martin’s $200 billion Joint Strike Fighter contract win.

The announcement that Lockheed Martin has been awarded the Joint Strike Fighter (JSF) program, is expected to bring Smiths Aerospace new business valued at more than $10 billion over the lifetime of the aircraft.

Smiths Aerospace is a key supplier of electronic and mechanical systems to the Lockheed Martin program.

Contracts valued at around $1 million per aircraft are already said to have been secured, with a number of systems contracts still to be awarded ahead of the aircraft’s development phase.

According to a statement, Smiths Aerospace holds high expectations of further success. Substantial additional business will follow, once the JSF has entered service, through spares support and system upgrade programmes.

Key systems from Smiths Aerospace on the JSF will include the Electrical Power System (teamed with Hamilton Sundstrand) and a number of electronic control systems including weapons control.

There are actuation packages and components included in the engine structure and other parts of the airplane. These systems will be developed and manufactured at Smiths Aerospace US facilities and in the UK at Cheltenham and Wolverhampton.

Delivery of the systems will commence in 2003 during the engineering and manufacturing development phase. Low rate initial production will commence in 2006 with the first of six lots, consisting of 13 aircraft. Full-rate production of the aircraft will begin in 2010 continuing until 2026.