The F-35 Fighter Jet Is Getting Cheaper To Build

Workers can be seen on the moving line and forward fuselage assembly areas for the F-35 Joint Strike Fighter at Lockheed Martin Corp’s factory located in Fort Worth, Texas. Lockheed Martin photo.

Defense News: F-35 price falls below $90M for first time in new deal

WASHINGTON — The price of a conventional F-35A model has fallen below $90 million for the first time through a deal announced Sept. 28 between the Pentagon and Lockheed Martin.

The Defense Department’s F-35 Joint Program Office and F-35 prime contractor Lockheed have finalized an $11.5 billion contract for the 11th batch of F-35s. The deal comprises 141 new jets and follows a handshake deal between the two parties that was announced in July.

The agreement pushes the cost of the F-35A conventional model — used by the U.S. Air Force and most foreign buyers — to $89.2 million per aircraft, a 5.4 percent reduction from

the $94.3 million in the 10th batch of aircraft.

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More News On The F-35 Fighter Jet Getting Cheaper To Build

Lockheed agrees to cut price for new F-35 fighter jets: Pentagon -- Reuters
Price of Air Force's F-35 dips below $90M for first time -- The Hill
Pentagon, Lockheed Martin Agree to New F-35 Contract -- USNI News
Lockheed Martin cuts F-35 price in latest contract with Pentagon -- Washington Examiner
Lockheed Martin, Pentagon Strike New F-35 Deal at Lowest Prices Yet -- DoD Buzz
Lockheed Lowers Price Of F-35 Under $90M In New Contract -- Forbes