Lockheed: Marietta jobs likely safe despite no F-22

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Source: US Air Force

Lockheed Martin jobs in Marietta, Georgia, could be safe even if the Department of Defense closes the F-22 production line in early 2012.

A strong “uptick” in business for the C-130J and C-5M production lines in Marietta may offset any losses caused by the F-22′s loss, says Bruce Tanner, Lockheed’s chief financial officer, who briefed market analysts today about the company’s first quarter earnings.

C-130J output is expected to double by the end of the year, he says, with further increases expected in the future. Meanwhile, the C-5M production line is also transitioning to full-rate production.

Lockheed and its suppliers have made saving jobs a huge part of its strategy to push for extending F-22 production beyond the program of record of 187 fighters. But Lockheed executives have told market analysts a different story since November. Ralph Heath, chief of the aeronautics division, delivered a similar message to market analysts on 20 November.



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2 Responses to Lockheed: Marietta jobs likely safe despite no F-22

  1. Obamanite 21 April, 2009 at 9:09 pm #

    I hate to say it, for I love the Raptor, but we can stick a fork in it, folks. Someone in another blog remarked that the F-22 is the B-58 of its day: an enormously capable but ridiculously expensive platform whose utility obsolesced (is that even a word?) when strategy changed due to newer technology (ICBMs) / different threats (no big, bad Soviet Union). Like the Hustler, the Raptor is to be procured in limited numbers and will perhaps never fire a shot in anger. My guess is that at some point it will, whether it’s a JDAM on some Taliban-type dude (a job that can be more efficiently and more cheaply done by, say, a Predator A/B/C), or in some limited, Desert Storm-type air war, where its “excess” capacity will never be put to any kind of real-world test (and which an F-35 could easily handle).

    While I’ve been in “mourning” since Gates basically killed the Raptor, after thinking about it long and hard, there really is no reason why we need more F-22s when we’re going to be getting oodles of F-35s, which is likely to vastly outperform anything out there flying now or projected for many years to come unless the program is a complete bust. Those who keep coming up with theoretical, Fulda Gap scenarios in hypothetical, future conflicts have read “Red Storm Rising” way too many times. Should such scenarios come to pass, having too few Raptors should be the least of our worries, just as having fewer ICBM warheads than our opponent would be utterly immaterial in the case of “Global Thermonuclear War,” pace “War Games”…

  2. Dave 21 April, 2009 at 10:16 pm #

    I tend to agree with you. It is one hell of a jet… but at the wrong time in history. RIP Raptor.

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