Janes:
Funding may delay UK's first JSF purchase
By Tim Ripley
4 November 2008
UK procurement officials are considering options to push back the first purchase of Lockheed Martin F-35 Lightning II Joint Strike Fighter (JSF) aircraft, amid growing speculation that funding shortfalls are threatening UK participation in the programme.
Jane's has learnt that UK Ministry of Defence (MoD) officials have raised the possibility of not buying three low-rate initial production (LRIP) aircraft over the next two years at a cost of some GBP450 million (USD742 million) and delaying purchases until production-standard aircraft are available in the middle of the next decade. A decision not to acquire LRIP JSFs was recently taken by Italy, Lockheed Martin announced on 10 October.
The ministry's highest procurement planning group, the Investment Appraisals Board (IAD), is due to make recommendations on the LRIP JSF purchase at its January meeting. However, some ministry sources suggest a delay might be used as a mechanism to save UK participation in the US-led programme by pushing back the JSF spending 'bow wave' until well into the next decade, easing the ministry's 'funding gap' in the near term.
The UK MoD was not able to respond to Jane's ahead of publication.