Tuesday, July 12, 2016

Lockheed Martin Is Claiming That Costs For The F-35 Have Declined 57%

Three F-35 Joint Strike Fighters (rear to front) — AF-2, AF-3 and AF-4 — can be seen flying over Edwards Air Force Base in this Dec. 10, 2011, in this handout photo provided by Lockheed Martin. (photo by REUTERS/Lockheed Martin/Darin Russell)

CNBC: Lockheed Martin CEO: Price of F-35 jets down 57 percent

The price of Lockheed Martin's F-35 fighter jet is coming down as commercial sales of the pricey aircraft ramp up, CEO Marillyn Hewson said Monday.

The F-35 made its first appearance at the world's largest military air show on Friday. The $379 billion warplane project is the largest arms program in the world.

Six F-35 jets, including one owned by Britain, were on display at the Royal International Air Tattoo, drawing cheers from huge crowds two years after engine trouble and a fleetwide grounding prevented their international debut at the show.

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WNU Editor: Not really .... The F-35 Is About to Get A Lot Cheaper. Sort Of. (Popular Mechanics).

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