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Updated: Pentagon awards US$4.1 Bn for 43 F-35s

Lockheed Martin has been awarded additional a $4,123 million contract, as a modification to the F-35 program, for the production of 43 F-35s under the eighth Low Rate Initial Production (LRIP Lot VIII) lot of the F-35 Lightning II aircraft. The Pentagon claimed the cost of the current lot reflects a reduction of 3.6 percent over LRIP VII. More reductions will come into effect in the next batch of production.

Pentagon reaches agreement to purchase 43 F-35s under LRIP 8 at...

The U.S. Department of Defense and Lockheed Martin have reached an agreement in principle for the production of 43 F-35 Lightning II joint strike fighter (JSF) aircraft. The buy includes 19 F-35As for the Air Force, six F-35Bs for the Marines and four F-35Cs for the Navy. Additional aircraft included are 10 F-35As for Israel (2), Japan (4), Norway (2)and Italy (2) as well as four F-35Bs for the UK.

F-35 industry team to invest $170 million to reduce the JSF...

The three leading industry partners in the F-35 industry team have signed an agreement with the DOD to bring down the procurement cost of the F-35 Joint Strike Fighter (JSF) to the equivalent of today's 4th generation fighters by the turn of the decade

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