The next lot of F-35 aircraft (LRIP 10) reflects a $728M reduction in the total price when compared to Lot 9 and marks the first time the price for an F-35A is below $100M.
A Lockheed Martin statement said over the weekend that this lot includes 90 aircraft total - 55 jets for the U.S. services and 35 jets for international partners and foreign military sales customers.
“The bottom line is unit prices, including jet, engine and fee for all three variants. went down,” the statement said.
The F-35A unit price in LRIP-10, including aircraft, engine and fee, is roughly seven percent lower than the previous LRIP-9 contract. Over the past two procurement lots (LRIP-9 and 10), the price of the F-35A has dropped 12 percent.
"The LRIP-10 contract is a good and fair deal for the taxpayers, the U.S. Government, allies, and Industry," said Lt. Gen. Chris Bogdan, F-35 Program Executive Officer. “We continue to work with Industry to drive costs out of the program.”
Deliveries of 90 aircraft begin in early 2018. To date, more than 200 operational F-35s are operated by eight different nations including Australia, Italy, Israel, Japan, Netherlands, Norway, United Kingdom and United States. In total, the F-35 program today plans to produce more than 3,000 aircraft with approximately 600 of those aircraft presently planned to be procured by America’s international allies.
Japan has obtained discounts on support equipment for its next batch of six F-35 stealth fighter aircraft worth about US$100 million each, Reuters reported quoting unnamed sources and Japanese budget papers. The discounts are in addition to savings being finalised for all buyers of the high-tech jets, once touted a the most expensive fighter jet in the world
Lockheed Martin has cut $600 million off from its next lot of 90 F-35 Joint Strike Fighter planes, President Trump said Monday Lockheed Martin cut $600 million off the cost of the F-35 fighter jet program, which was repeatedly criticized by President Donald Trump for cost overruns as well as delays since his election run
The US Air Force has transferred two Marine Fighter Attack Squadron 121 F-35Bs Lightning II aircraft on January 18 to its air station in Iwakuni, Japan, marking the first permanent international deployment of the joint strike fighter. "The arrival of the F-35B embodies our commitment to the defense of Japan and the regional security of the Pacific,” Maj
Australias F‐35A aircraft has conducted its first ever in-flight weapons release during an exercise departing from Luke Air Force Base (AFB), Arizona on 14 December 2016. The GBU‐12, 500lb Paveway II Laser Guided Bomb, was employed by Australian aircraft A35‐002, during a sortie over the Barry M Goldwater Range (BMGR) just west of Luke AFB, the service announced Wednesday
Japanese Prime Minister Shinzo Abe personally thanked US President Donald Trump for taking up with Lockheed Martin the issue of reducing price of the F-35 fighter jets being sold to Japan. "Prime Minister Abe was great, great guy
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