The deal for hundreds of new F-35s will drive the cost per airplane below $80 million for the first time.

102 F-35As (Air Force) for $89.2 million apiece, down 5.4 percent from LRIP 10;
25 F-35Bs (Marines & Royal Navy) for $115.5 million each, down 5.7 percent; and 14 F-35Cs (US Navy) for $107.7 million each, down 11.1 percent.

The supposedly “historic” high-level delegation the Trump administration was supposed to be sending to the Farnborough Air Show keeps getting less and less historic.

JSF HQ: Lockheed Martin “could be much more collaborative and cooperative but they aren’t,” the head of the Joint Strike Fighter program, Vice Adm. Mat Winter, told reporters today. “They could, but they choose not to.” Winter’s comments are not nearly as searing as those of his predecessor Lt. Gen. Chris Bogdan, who famously said… Keep reading →

WASHINGTON: After the markets closed on a sleepy and rainy summer Friday afternoon, White House Chief of Staff Reince Priebus was ousted and DHS Secretary John Kelly named to take his place, and, oh, by the way, a $3.69 billion contract was awarded Lockheed Martin for 50 foreign F-35s and work on the Lot 11… Keep reading →