Falcon Star Cost Analysis
The study showed that using a wing manipulation tool would yield a 67% reduction in the process flow time for wing installation and removal. The data also were compiled and calculated into labor hours, then into dollars using fully burdened labor rates. The existing process was then compared to a new, hypothetical process that would use the conceptualized wing manipulation tool.
This study showed that over the life of the Falcon Star program, a new tool would save nearly $1.4 million, for a rate of return of 33.85 percent on the estimated $457,000 cost of two wing manipulation tools. The tools would pay for themselves in three years.
The above data applied only to the Falcon Star program. Additional cost savings could be realized if the tool was used for other programs requiring wing removal. Under that scenario, the projected rate of return climbed to 63% a 1.4-year return on investment.
Falcon Star • aircraft assembly • wing assembly • wing lift • wing transport • automation engineering • F16 wing maintenance • removal and installation • U.S. Air Force