Last week, representatives from 11 F-35 customer nations met in Baltimore, Maryland to discuss terms and toured a Northrop Grumman Corp facility in Maryland that provides equipment for the jet. The average price in 2019 could be $85 million for the F-35 "A" variant and could drop below $80 million in 2020, the people said. That would mark the lowest price ever paid for an F-35, making this deal an important step in reducing the overall cost of each jet. This allows the manufacturing group led by Lockheed to take advantage of greater economies of scale, reducing the cost of each jet. Newsletter Sign Up Continue reading the main story Please verify you're not a robot by clicking the box.

Source: New York Times June 18, 2017 16:46 UTC