Lockheed F-35 Program Costs Decline $7.5 Billion, Pentagon Says
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Projected costs for Lockheed Martin Corp.’s F-35 fighter have dipped $7.5 billion, or 1.9 percent, in the last year, primarily because of revised inflation estimates and reduced labor costs, the Pentagon said Thursday.
Projected development and acquisition costs for the F-35 declined to $391.1 billion for a planned fleet of 2,443 planes from $398.6 billion previously, according to the Defense Department.