https://sputnikglobe.com/20220719/pentagon-and-lockheed-reach-deal-on-next-batch-of-f-35s-amid-inflation-concerns-1097440221.html
Pentagon and Lockheed Reach Deal on Next Batch of F-35s Amid Inflation Concerns
Pentagon and Lockheed Reach Deal on Next Batch of F-35s Amid Inflation Concerns
Sputnik International
WASHINGTON (Sputnik) - The Pentagon and Lockheed Martin have reached an agreement on the prices and quantities of new F-35 fighter jets that will be purchased... 19.07.2022, Sputnik International
2022-07-19T05:00+0000
2022-07-19T05:00+0000
2023-04-13T12:45+0000
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On Monday, US media reported that the Pentagon and Lockheed reached an agreement valued at about $30 billion for an estimated 375 F-35 fighter jets.Final prices, the number of F-35 jets that will be sold, including which countries will procure the aircraft, will be shared when the agreement is officially signed, the spokesperson added.Before the coronavirus pandemic and record-setting inflation, the Pentagon expected to make this sale for 485 F-35 jets at a total cost of about $34 billion, according to US media reports.
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Pentagon and Lockheed Reach Deal on Next Batch of F-35s Amid Inflation Concerns
05:00 GMT 19.07.2022 (Updated: 12:45 GMT 13.04.2023) WASHINGTON (Sputnik) - The Pentagon and Lockheed Martin have reached an agreement on the prices and quantities of new F-35 fighter jets that will be purchased over the next three years, a company spokesperson said.
On Monday, US media reported that the Pentagon and Lockheed reached an agreement valued at about $30 billion for an estimated 375 F-35 fighter jets.
"Through a collaborative effort with the F-35 enterprise, including the Joint Program Office, suppliers and teammates, we have successfully reached an agreement on Lots 15 through 17," a company spokesperson said in a statement later on Monday. "In the midst of continued COVID-19 impacts and decreased F-35 quantities, the F-35 enterprise was able to achieve a cost per jet lower than record-breaking inflation trends."
Final prices, the number of
F-35 jets that will be sold, including which countries will procure the aircraft, will be shared when the agreement is officially signed, the spokesperson added.
Before the coronavirus pandemic and record-setting inflation, the Pentagon expected to make this sale for 485 F-35 jets at a total cost of about $34 billion, according to US media reports.
