Flyaway said:Well that told us a whole heap of nothing other than who won it & a few cost figures.
Boxman said:No mention as to who the engine manufacturer will be for the aircraft as per the classified nature of the program ( : ), though they said the engine manufacturer has been selected as part of the contract award.
(Unless, of course, I am misunderstanding what the folks at the podium are saying).
That's what I got out of it, too.bring_it_on said:Boxman said:No mention as to who the engine manufacturer will be for the aircraft as per the classified nature of the program ( : ), though they said the engine manufacturer has been selected as part of the contract award.
(Unless, of course, I am misunderstanding what the folks at the podium are saying).
What this most likely means is that the EMD contract to Northrop most likely includes the Engine as propulsion was part of their bid meaning most likely that Northrop Grumman had chosen an OEM for engines. This is different from fighter procurement where the cost of the fighter is a fraction of that of a bomber, and the engine is a fair change of that cost and the overall numbers procured make the engine contract so large that they compete it as well. If I had to guess I'd guess that they let the bidders pick their propulsion solutions.
marauder2048 said:NG's earnings conference call tomorrow will be interesting...or just an exercise in futility e.g."We can't comment on the bomber"
sferrin said:"Good afternoon. Company X won. Good day folks."
I should've gone to Vegas.
The Long Range Strike Bomber contract is composed of two parts. The contract for the Engineering and Manufacturing Development, or EMD, phase is a cost-reimbursable type contract with cost and performance incentives. The incentives minimize the contractor’s profit if they do not control cost and schedule appropriately. The independent estimate for the EMD phase is $21.4 billion in 2010 dollars.The second part of the contract is composed of options for the first 5 production lots, comprising 21 aircraft out of the total fleet of 100. They are fixed price options with incentives for cost. Based on approved requirements, the Average Procurement Unit Cost (APUC) per aircraft is required to be equal to or less than $550 million per aircraft in 2010 dollars when procuring 100 LRS-B aircraft. The APUC from the independent estimate supporting today’s award is $511 million per aircraft, again in 2010 dollars.
They won't be able to give specifics but I imagine a whole lot of back-slapping will be at hand.marauder2048 said:NG's earnings conference call tomorrow will be interesting...or just an exercise in futility e.g."We can't comment on the bomber"
marauder2048 said:Did I miss it or did no one ask when the general public would get a glimpse of it?
flateric said:Boeing and Lockheed Martin Statement on U.S. Air Force Long Range Strike-Bomber Decision
<p><strong>WASHINGTON, Oct. 27, 2015</strong> – Boeing [NYSE: BA] and Lockheed Martin [NYSE: LMT] today released the following statement on the U.S. Air Force’s decision to award Northrop Grumman the Long Range Strike-Bomber contract:</p>boeing.mediaroom.com
We are interested in knowing how the competition was scored in terms of price and risk
marauder2048 said:flateric said:http://boeing.mediaroom.com/2015-10-27-Boeing-and-Lockheed-Martin-Statement-on-U-S-Air-Force-Long-Range-Strike-Bomber-Decision
We are interested in knowing how the competition was scored in terms of price and risk
You guys and *everyone* else...
SpudmanWP said:Throw in Fibermat & EOTS for good measure.
Triton said:marauder2048 said:flateric said:
We are interested in knowing how the competition was scored in terms of price and risk
You guys and *everyone* else...
I sense a contract protest.
$5 says the word "disappointed" is in it somewhere.Steve Pace said:I'm waiting for LockMart's reply. -SP
WASHINGTON, Oct. 27, 2015 – Boeing [NYSE: BA] and Lockheed Martin [NYSE: LMT] today released the following statement on the U.S. Air Force’s decision to award Northrop Grumman the Long Range Strike-Bomber contract:
The Boeing and Lockheed Martin team is disappointed by today’s announcement. We will have further discussions with our customer before determining our next steps. We are interested in knowing how the competition was scored in terms of price and risk, as we believe that the combination of Boeing and Lockheed Martin offers unparalleled experience, capability and resources for this critically important recapitalization program.
Boeing is the world’s largest aerospace company and leading manufacturer of commercial airplanes and defense, space and security systems. In addition, Boeing supports airlines and U.S. and allied government customers in more than 150 countries. The company’s products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. Boeing employs more than 165,000 people across the United States and in more than 65 countries. Company revenues for 2014 were more than $90 billion. Follow us on Twitter: @Boeing.
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 112,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation’s net sales for 2014 were $45.6 billion.
SpudmanWP said:Called it
Boeing and Lockheed Martin Statement on U.S. Air Force Long Range Strike-Bomber Decision
<p><strong>WASHINGTON, Oct. 27, 2015</strong> – Boeing [NYSE: BA] and Lockheed Martin [NYSE: LMT] today released the following statement on the U.S. Air Force’s decision to award Northrop Grumman the Long Range Strike-Bomber contract:</p>boeing.mediaroom.com
WASHINGTON, Oct. 27, 2015 – Boeing [NYSE: BA] and Lockheed Martin [NYSE: LMT] today released the following statement on the U.S. Air Force’s decision to award Northrop Grumman the Long Range Strike-Bomber contract:
The Boeing and Lockheed Martin team is disappointed by today’s announcement. We will have further discussions with our customer before determining our next steps. We are interested in knowing how the competition was scored in terms of price and risk, as we believe that the combination of Boeing and Lockheed Martin offers unparalleled experience, capability and resources for this critically important recapitalization program.
Boeing is the world’s largest aerospace company and leading manufacturer of commercial airplanes and defense, space and security systems. In addition, Boeing supports airlines and U.S. and allied government customers in more than 150 countries. The company’s products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. Boeing employs more than 165,000 people across the United States and in more than 65 countries. Company revenues for 2014 were more than $90 billion. Follow us on Twitter: @Boeing.
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 112,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation’s net sales for 2014 were $45.6 billion.
SpudmanWP said:"We are interested in knowing how the competition was scored in terms of price and risk,. . .
sferrin said:Triton said:marauder2048 said:flateric said:
We are interested in knowing how the competition was scored in terms of price and risk
You guys and *everyone* else...
I sense a contract protest.
Let them. Let them pay all the court costs of both sides when their protest is tossed out too.
SpudmanWP said:Too bad LM was on the "other" team.
It would have been SOOO easy to grab the avionics from the F-35 and adapt them to the LRS-B.
Throw in Fibermat & EOTS for good measure.
Airplane said:SpudmanWP said:Too bad LM was on the "other" team.
It would have been SOOO easy to grab the avionics from the F-35 and adapt them to the LRS-B.
Throw in Fibermat & EOTS for good measure.
Obviously NG met or exceeded the requirements.
PaulMM (Overscan) said:$550 million seems cheap, given the cost of a 787 Dreamliner these days (about $300 million). I'm guessing it won't be be B-52 sized.
Flyaway said:I wonder if it was in light of the expected protest that they didn't even release details they were previously slated to.
Taken from NG's twitter feed it's their new bomber dedicated website.
Flyaway said:I wonder if it was in light of the expected protest that they didn't even release details they were previously slated to.
Taken from NG's twitter feed it's their new bomber dedicated website.
http://www.americasnewbomber.com/