Lockheed Martin

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1 Lockheed Martin’s F-35 Project Risk Assessment Framework Student Institution Department Course Instructor Date

2 Lockheed Martin’s F-35 Project Risk Assessment Framework It is crucial for these nations to need these particular items since Lockheed Martin is a military corporation that derives its income from providing the government with equipment and vehicles to safeguard their nation and fight against wars (Howlett, Migone, & Howlett, 2022). The military budget is influenced by politics and how those parties see a global problem. Additionally, since the US government is their greatest client, they are in a position where they might be under pressure to implement certain modifications in order to maintain their satisfaction. Trump forced Lockheed to reduce the cost of their F-35 fighter by a sharp 25% in the past, which had an influence on Lockheed's earnings. Trade restrictions and tariffs are only two examples of political issues that affect Lockheed Martin. If the US government raises the export taxes to other countries and enacts trade restrictions, it affects the company's sales and therefore its income (Howlett, Migone, & Howlett, 2022). They would be at a disadvantage when competing with foreign military contractors. The US government might raise tariffs for foreign military corporations while lowering them on exports, which would boost Lockheed Martin's sales and earnings. This political aspect could work in Lockheed Martin's favor. It is important to consider sociocultural elements as a military sector business that sells weapons to combat wars. How the American people feel about their being involved in and fighting wars in the Middle East affects how the government responds to such crises (Howlett, Migone, & Howlett, 2022). The United States could decide to reduce the number of troops stationed in certain combat zones if the American public decides against involvement. The necessity for weapons likewise declines when these factors decrease. One sociocultural aspect that affects the situation is the growing danger of terrorism and fears.

3 Lockheed Martin and the value of its shares. Because of the terrorist threats and general fears, people feel less protected and want more "protection," which leads to the acquisition of new weapons and defense equipment. The created system included sophisticated avionics gear and software that could be remotely updated while in flight (Kivinen, 2021). The technique was tested against cyber-attacks and other possible flaws, and the upgrades are known as concurrency. If there is a problem with aiming or display, the armor's heads-up display will show up during installation. The F-35 is an advanced combat aircraft with the capability to simultaneously identify and attack numerous targets. As a team, BAE, Northrop Grumman, and Raytheon work on the scanned array radar sensors (Kivinen, 2021). The coalition is making a sincere effort to develop and field a cutting-edge fighter that will change the face of aerial combat forever. The program failed to properly identify the targets during testing, and memory concerns caused the system to freeze. However, examination and syntax code rewriting and compliance testing brought back the original idea. Due to the rapid rate at which new technologies emerge, it may be difficult to keep up with them. Developing new technologies is expensive, and constant upgrades are necessary because of how rapidly today's technologies become outdated (Kivinen, 2021). However, the rapid evolution of technology emphasizes the need for creative solutions. Customers and government contracts may be attracted through ingenuity. Due to the high barrier to entry presented by the complexity of this product category, entry barriers are high in the form of specialist research and development. For the United States Navy, Air Force, Marines, and our allies, the F-35 Lightning II Program (also referred as the Joint Strike Fighters Program) is the primary initiative for defining effective and reasonably priced next-generation attack aircraft weapon systems (Sheridan &

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4 Burnes, 2018). In order to retire the armed forces' fleet of aging fighter planes, the Joint Strike Program was launched. The program's organization, design, and potency of the planes are constantly under doubt, and that's without even mentioning the problems with internal leadership. It also covers every question of authority that the NATO countries have (NATO) (Howlett, Migone, & Howlett, 2022). To avoid being on the opposing side of a potential conflict, global leaders are forced to choose which nation to support thanks to this fighter aircraft. The danger of an invisible aircraft to radar systems forces world leaders to assess whether allies or adversaries may overcome their military might. The study quickly goes through how this new plane will change the face of military power across the globe (Sheridan & Burnes, 2018). The emphasis will then change to how the leaders of Turkey, Russia, and the United States handled the accords that had been put place to prevent the breach of agreement war in 2019, after a quick overview of the global concerns that have arisen. If you can't sway the leaders you're trying to counsel, then your advice isn't worth much. Since the creation of a radar-evading military capability may offer significant dangers to any leader, the world knew that new partnerships and failed alliances would cause chaos (Sheridan & Burnes, 2018). Turkey, an F-35 program associate since its inception in 1999, got its first delivery of a Russian-made air S-400 defensive system behind the United States' back as the Navy and Air Force exchanged leadership positions in the F-35 program (Kivinen, 2021). Pentagon officials and politicians have spent months trying to dissuade Turkey from buying the Russian system out of concern that it would be used to test the stealthy F-35 aircraft for vulnerabilities and then pass that knowledge along to military planners in Moscow.

5 Every single individual in NATO was scheduled to receive an F-35 fighter plane that had been purchased and delivered to them. The F-35's developer, Lockheed Martin, was erecting assembly lines and manufacturing components in nations that were taking part in and investing in the project (Kivinen, 2021). He made the choice to outsource key elements of his business because he wanted to have access to sensitive data that were not readily accessible in his country. The manufacturing phase of developing the greatest possible contemporary warfighting machine might proceed in one of two ways for the developer. It's possible that he'll encounter governments who are withholding technology necessary for his plane's advancement. In conclusion, the struggle between global leaders over who will retain military supremacy among the elite will continue till the end of time. It's essential to have access to destructive capabilities, which means possessing a jet, missile, or weapon system. U.S. and Turkish diplomats may have been more nuanced in their efforts to avoid a conflict over who legally controls Turkish territory. The chiefs of the F-35 project were exploiting the aircraft to strengthen their offensive standing during conflict. Turkey intended to utilize it as a springboard to take a stance with either Russia or the United States. It's common knowledge that even if a strong leader doesn't always make the best choices, those choices will nonetheless have far- reaching consequences for the people they purport to serve.

6 References Howlett, A., Migone, A. R., & Howlett, M. (2022). The politics of military procurement: the F- 35 purchasing process in Canada and Australia Compared. Defence Studies , 1-21. Kivinen, M. (2021). Constructing a Culture of War: A Frame Analysis of Statements Discussing the Lockheed Martin F-35 Lighting II Fighter by Members of the US Congress between 2010–2020. Sheridan, A. E., & Burnes, R. (2018). F-35 Program History–From JAST to IOC. In 2018 Aviation Technology, Integration, and Operations Conference (p. 3366).

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