Switzerland Selects Lockheed Martin's F-35 Lightning II for Future Air Defense Requirements
June 30, 2021 at 10:33 am EDT
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The Swiss Federal Council announced Lockheed Martin's F-35 Lightning II is the aircraft selected from its New Fighter Aircraft competition. The Swiss Air Force will receive F-35A aircraft, a sustainment solution tailored to Swiss autonomy requirements, and a comprehensive training program. The F-35 selection will deliver economic and technical advantages to the nation for decades to come. Swiss industry will have the opportunity to participate in research and development, production and sustainment opportunities that will extend their capabilities into the future. As a new participant in the F-35 program, Switzerland will benefit from Lockheed Martin's dedication to autonomy and sovereignty in integrating indigenous solutions. To date, the F-35 operates from 21 bases worldwide, with nine nations operating F-35s on their home soil. There are more than 655 F-35s in service, with more than 1,380 pilots and 10,670 maintainers trained on the aircraft.
Lockheed Martin Corporation specializes in the design, manufacturing and marketing of aeronautic, submarine, and aerospace systems. Net sales break down by activity as follows:
- sale of aeronautic systems (40.7%): military and civilian aircraft, primarily for government organizations;
- sale of helicopters, mission and electronic systems (24%): military and commercial helicopters, ships, sea and land-based missile defense systems, radars, sensors, sea and air-based mission and combat systems, training systems, cyber solutions, command, control and communication systems, surveillance and reconnaissance systems, simulation and training systems, etc.;
- sales of aerospace systems (18.7%): satellite systems, missile systems and space transport systems;
- sale of air defense and fire control systems (16.6%): air and missile defense systems, tactical missiles, precision strike weapons systems, fire control systems, etc. The group also offers support services for mission operations, preparation, technical support, integration services, etc.
Net sales break down by source of income into sales of products (83.3%) and services (16.7%).
Net sales are distributed geographically as follows: the United States (74.3%), Europe (9.5%), Asia/Pacific (8.3%), Middle East (5.8%) and other (2.1%).