Unit cost dropped 3.5 percent from previous lot

Air Force, Lockheed Martin Reach $4.7B Agreement For F-35 LRIP-8 Lot

By Courtney Albon / November 21, 2014 at 10:00 PM
The Defense Department has awarded F-35 prime contractor Lockheed Martin its eighth low-rate initial production contract, valued at $4.7 billion for 43 airframes, according to a Nov. 21 press release from the joint program office. The contract includes 29 U.S. jets -- 19 F-35As, six F-35Bs and four F-35Cs. The remaining 14 aircraft will be delivered to international partners: two F-35As to Israel, four to Japan, two to Italy and four F-35Bs to the United Kingdom. “Lockheed Martin will begin...

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