National Security

F-35 cost drops to below $100 million per plane for first time

By Jacqueline Klimas
Published February 3, 2017 6:04pm ET
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F-35 cost drops to below $100 million per plane for first time
The B version used by the Marine Corps, which can take off and land vertically, will cost $122.8 million. (Marine Corps photo) | Lance Cpl. Remington Hall

The government has reached an agreement with Lockheed Martin for the 10th batch of F-35 aircraft, bringing the cost of one variant below $100 million per plane for the first time.

The cost of this batch is $728 million less than the last one, a drop of nearly 8 percent, Lockheed said in a statement.

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Defense Spending F-35 Jacqueline Klimas Lockheed Martin Minusextra