You are here: Home » International » News » Others
Business Standard

Pentagon unveils new cost-cutting initiatives for F-35 fighter jet

The cost of the jets, now running just over $100 million per jet to around $85 million by 2019

Reuters  |  Farnborough (England) 

The US Defense Department on Monday extended by two years a project that has cut the cost of Lockheed Martin Corp's F-35 fighter plane by more than $1 million per jet, and kicked off a similar project to cut operating and maintenance costs. The Pentagon's F-35 program office is working closely with industry to drive down the cost of the jets - now running just over $100 million per jet - to around $85 million by 2019. The F-35 program is the Pentagon's costliest arms program. The US military plans to spend $379 billion to buy a total of 2,457 F-35 warplanes over the ...

Related Search
First Published: Mon, July 11 2016. 16:30 IST
RECOMMENDED FOR YOU


Notice: Undefined property: stdClass::$canonicalUrl in /usr2/unibs/application/modules/article/controllers/ManagerController.php on line 449

Notice: Undefined index: seconddigit in /usr2/unibs/library/Site/Article/Processor.php on line 183

Notice: Undefined index: seconddigit in /usr2/unibs/library/Site/Article/Processor.php on line 183

Notice: Undefined index: seconddigit in /usr2/unibs/library/Site/Article/Processor.php on line 183

Notice: Undefined index: seconddigit in /usr2/unibs/library/Site/Article/Processor.php on line 183

Notice: Undefined index: seconddigit in /usr2/unibs/library/Site/Article/Processor.php on line 183

Notice: Undefined index: seconddigit in /usr2/unibs/library/Site/Article/Processor.php on line 183

Notice: Undefined index: seconddigit in /usr2/unibs/library/Site/Article/Processor.php on line 183

Warning: file_get_contents(/usr2/data/content/bs/article/16/07/116060800094.json): failed to open stream: No such file or directory in /usr2/unibs/application/modules/article/controllers/ManagerController.php on line 1123

Warning: file_get_contents(/usr2/data/content/bs/article/16/07/116020400129.json): failed to open stream: No such file or directory in /usr2/unibs/application/modules/article/controllers/ManagerController.php on line 1123

Warning: file_get_contents(/usr2/data/content/bs/article/16/07/116022800691.json): failed to open stream: No such file or directory in /usr2/unibs/application/modules/article/controllers/ManagerController.php on line 1123

Warning: file_get_contents(/usr2/data/content/bs/article/16/07/116050100251.json): failed to open stream: No such file or directory in /usr2/unibs/application/modules/article/controllers/ManagerController.php on line 1123