Lockheed: F-35A Cost To Drop Below $80 Million Per Fighter In 2023
By: Ben Werner
January 29, 2019 7:38 PM
Lockheed Martin is committed to producing the F-35A Lightning II Joint Strike Fighter for $80 million each by next year and further reducing the overall program costs as part of the next production contract negotiations with the Department of Defense, the company said on Tuesday
In 2022, Lockheed Martin officials expect to negotiate the next multiyear F-35 contract with the Joint Program Office. The goal is to use the steady cash flow from a multiyear contract to drive down further the production costs once the contract kicks in.
As part of a pitch for multiyear contract, Lockheed Martin officials say such a deal will lower the F-35A price to less than $80 million per fighter, Marillyn Hewson, chief executive of Lockheed Martin, told analysts during a conference call today discussing the company’s 2018 year-end results and expectations for 2019.
https://news.usni.org/2019/01/29/40708
