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Tag: LRIP 5
The US Department of Defense awarded Lockheed Martin four billion US$ for the procurement of 30 F-35s as part of the fifth F-35 Low Rate Initial Production (LRIP V) batch. LRIP V represents a drop the F-35 production program, compared to LRIP IV which included 32 aircraft, including two export variants. The next production batch, LRIP VI is expected to introduce even deeper cuts, down from 80 to 38.