Creating Jobs; Strengthening the Economy
Every F-35 built contains parts and components manufactured in Italy. In 2013, PricewaterhouseCooper – Italy (PwC-Italy) conducted a comprehensive economic impact assessment of the Italian F-35 production program. The study identified the level of Italian investment in the F-35 program, employment generated as a result of F-35 production, economic value added to the Italian economy, and potential employment resulting from future F-35 sustainment activities.
Read the full PwC report here. Some important findings from the report include:
- Italian F-35 production is expected to generate more than 6,300 total jobs at peak production. The demand for labor will reach its highest levels between 2017 and 2026, when an average of 5,400 jobs are projected to be sustained annually.
- The Italian F-35 program’s production phase alone is expected to bring $15.8 billion of economic benefits to the Italian economy.
- Each Italian F-35 production job creates an additional 1.2 jobs in the Italian economy.
- The economic potential for Italy through the F-35 program is a direct function of the number of aircraft procured on the planned acquisition timeline.
Europe’s Only F-35 Final Assembly and Checkout Facility
The New Hub of the Italian Aerospace Industry
Set on 101 acres in Italy’s Piedmont region, the Italian Final Assembly and Checkout (FACO) is the only one in Europe. Currently, Cameri is assembling Italian F-35s - the first of which rolled out of the factory in March 2015 - and is scheduled to assemble Dutch F-35s in the future. The FACO is comprised of 22 buildings offering more than a million square feet of covered work space. The facility houses 11 assembly stations; five maintenance, repair, overhaul, and upgrade bays; and the F-35 wing production line.
Through the development of the FACO in Cameri and the introduction of a heightened level of technological expertise in the aerospace industry, the F-35 program provides a strong foundation for future economic growth and job creation in Italy. The FACO is positioned to be a new hub of the aerospace industry in Europe creating thousands of jobs and generating billions of dollars in economic impact for the Italian people. The U.S. Government selected the FACO in Cameri to be the European Maintenance, Repair, Overhaul, and Upgrade Center of Excellence which will provide long-term, high-tech, sustainable jobs for the Italian people over the lifetime of the F-35.
F-35 Wing Production for the Global Fleet
Alenia Aermacchi also produces wings for F-35 partner and Foreign Military Sales nations, in addition to Italian jets, at the FACO in Cameri. Under current industrial participation agreements, Alenia Aermacchi will produce a minimum of 835 full wings. Alenia Aermacchi was originally slated to produce 1,215 wings before Italy reduced its F-35 purchase from 131 to 90 aircraft. Alenia Aermacchi’s full rate of production will be 66 wings per year, expandable to 72 wings annually.