National Security

Pentagon touts lower F-35 costs

By Jacqueline Klimas
Published December 19, 2016 10:47pm ET
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Pentagon touts lower F-35 costs
The F-35 Joint Program Office announced the cost per jet for the latest production contract with Lockheed Martin. (U.S. Navy photo by Andy Wolfe/Released) | Andy Wolfe/U.S. Navy

The Pentagon said Monday that the price of F-35 jets is falling as production continues, just a week after President-elect Trump tweeted about their “out of control” costs.

The F-35 Joint Program Office announced the cost per jet for the latest production contract with Lockheed Martin. The contract includes 57 aircraft: 34 for the U.S. and 23 for international partners, which will start to be delivered in the first quarter of 2017.

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Defense Spending F-35 Jacqueline Klimas Lockheed Martin Minusextra Pentagon