The F136 team of General Electric and Rolls-Royce announced April 27, 2010, that it has extended its fixed price proposal for F-35 joint strike fighter engines with price reductions for 150 engines through 2014, offering to "assume the risk of meeting or beating price targets for early production engines" and setting up "lower pricing" between the GE-RR F136 and Pratt & Whitney F135. David Joyce, GE Aviation president and CEO, said, "We can create a competitive environment that will save the government $1 billion over the next five years, and $20 billion over the life of the JSF program." Here, a GE/RR Fighter Engine Team April 27, 2010, release, development of the F136 is more than 70 percent complete.
AEDC photo by Rick Goodfriend
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