In Response To Boeing's New F-15s, Lockheed Martin Lowers The Price Of The F-35A By $10 Million

An F-35A taxis during a combat exercise at Hill Air Force Base, Utah, on May 1. R. Nial Bradshaw, USAF

Yahoo Finance/Motley Fool: Lockheed Martin, in a Dogfight With Boeing, Puts the F-35 on Sale

Lockheed Martin, seeking to give its F-35 a leg up against a rival fighter offered by Boeing, is dramatically reducing the F-35 sticker price for the next batch of jets it will sell to the Pentagon.

The aerospace company is offering the base model of the fifth-generation F-35 for $80 million apiece in negotiations with the Pentagon, according to a report from DefenseOne. That's an 11% reduction from the $90 million price last September when the last tranche of the fighters was ordered.

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WNU Editor: This was first reported by Defence One 2 weeks ago .... Price Drop: Lockheed Pitches $80M F-35A to Pentagon (Defense One). That's is what the Pentagon needs .... more competition among defense contractors.