Pentagon announces renegotiated price for F-35 fighters - News Summed Up

Pentagon announces renegotiated price for F-35 fighters


Pentagon announces renegotiated price for F-35 fighters 0 SHARES Share it! Share TweetBy Agence France-PresseThe Pentagon announced Monday that it has renegotiated the price of the F-35 stealth warplane — the most expensive weapons system in US history — on the occasion of a $34-billion order. The Pentagon has also taken an option to purchase 321 aircraft over the next two years with average reductions in price of 15 percent across all models, said Lord. Launched in the 1990s, the F-35 program has an estimated cost of nearly $400 billion for the Pentagon, with the goal of producing nearly 2,500 of the aircraft in the coming decades. Including maintenance, the total cost of the F-35 program is estimated at $1.5 trillion over the life of the program, until 2070.


Source: Manila Bulletin June 10, 2019 21:33 UTC



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