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. When he came over, he said, thank you...You saved many, many millions of dollars on the F-35 fighter jets," the president was quoted as saying by The Mainichi last week.
It is possible Abe made the remarks during his visit to the United States earlier this month for bilateral summit talks.
The U.S. Defense Ministry announced on Feb. 3 that it has agreed with Lockheed to reduce the price of 90 F-35 fighter jets, including four for Japan's Air Self-Defense Force, by $728 million.
Trump said he negotiated with Lockheed not just improved terms for the United States but also for its allies.
However, defense analysts were quoted as saying by Reuters that the news of those cuts, saying the discount hailed by Trump was in line with what had been flagged by Lockheed for months and would apply to other countries committed to the program.
Four officials said that Japan had further trimmed the price for its latest order, largely on ground support costs such as parts, logistics and technical assistance.
In a budget request last year, Japan's Ministry of Defence fixed the price of the six F-35s at 15.7 billion yen ($136.81 million) each. That had been cut to 14.6 billion yen when the budget was approved in December, in line with the 6-7 percent per plane reduction flagged by the Pentagon late last year.
The price of the Lockheed Martin F-35 Stealth fighter jet has fallen below the $100 million apiece mark eroding the global market for older generation aircraft such as the F-16, Boeing F/A-18 and Saab Gripen. F-35s price has come down from around US$200 million apiece to US$100 million in the last 3 years
Greece is likely to take a decision to upgrade its existing F-16 fighter jets and also on purchasing fifth-generation F-35 fighters from the US. “The decision was taken in line with recommendations made by military chiefs
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
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
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Lockheed Martin has been awarded a foreign military sales contract to provide hardware and engineering services for Japanese F-35 Lightening II Joint Strike Fighters. “Lockheed Martin Corp
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