Lockheed And Defense Department Agree On Terms For Next F 35s
According to Reuters, the Defense Department and Lockheed martin have shaken hands over a deal they expect to finalize in August.
A statement from the Pentagon indicates that Lockheed has agreed to a three-year deal for delivering 478 F-35 fighter jets at $34 billion.
The 12th batch of next-generation fighters will cost about $80 million an aircraft, which is a 9-percent markdown from the previous purchase.
Under Secretary of Defense Ellen Lord added that the cost for the F35-A jet will cost $81.35 million this year, which is down from $89.2 million last year.