Lockheed Martin and DOD finalize next F-35 lot
Lockheed Martin and the United States Department of Defence have reached an agreement on the next lot (LRIP 10) of F-35 fighters, which includes a significant reduction in cost.
The 90 aircraft deal includes 55 airframes for the U.S services, and 35 for foreign military partners. According to a press release issued by the F-35 Joint Program Office (JPO), the LOT 10 deal offers a $728M reduction in price compared to the LOT9 purchase. This savings figure is $128 million more than president Donald Trump announced early this week.
According to the JPO, the per unit costs are $94.6 million for the F-35A (7.3% reduction from Lot 9), $122.8 million for the F-35B (6.7% reduction from Lot 9), and $121.8 million for the F-35C (7.9% reduction from Lot 9).
The LOT 10 Breakdown is as follows:
44 F-35A for the U.S. Air Force
9 F-35B for the U.S. Marine Corps
2 F-35C for the U.S. Navy
3 F-35B for UK
6 F-35A for Norway
8 F-35A for Australia
2 F-35A for Turkey
4 F-35A for Japan
6 F-35A for Israel
6 F-35A for South Korea