F-35A price drops to 80 mln USD: report

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F-35A price drops to 80 mln USD: report

WASHINGTON, May 8 (Xinhua) -- U.S. arms manufacturer Lockheed Martin has lowered the price of F-35A fighter jets to a record low of 80 million U.S. dollars, according to media reports late Tuesday.

"We currently have an offer submitted to the Department of Defense for Lots 12-14 that is below the 80 million dollars F-35A for lot 14 in 2020, per our longstanding commitment," website Defense One quoted company spokesman Mike Friedman as saying.

"As we ramp up production, each year we have lowered cost, reduced build time, improved quality and on time delivery," Friedman said.

The asking price is for about 100 F-35A jets that are part of a block purchase of 450 jets, which also include F-35Bs and F-35Cs.

In a deal signed last September, the model was sold for just shy of 90 million dollars a piece. The price reduction came as the U.S. Defense Department gestured it would resume purchasing F-15 Eagle fighter jets from Lockheed Martin's competitor Boeing.

The F-35 fighter jet has three variations, the F-35A for the Air Force, the F-35B for the Marine Corps, and the F-35C for the U.S. Navy. Lockheed Martin has reportedly delivered 385 F-35s to the U.S. military and allies.

http://www.xinhuanet.com/english/2019-05/08/c_138043789.htm
https://www.investors.com/news/f35-costs-come-down-boeing-f15x-dogfight/

 

[Beast]

So US finds a cheaper and inferior material alternative or undercut quality control to minimize the cost for F-35 fighter?

https://asia.nikkei.com/Spotlight/C...ws-problems-still-lurk-behind-stealth-fighter

F-35 crash shows problems still lurk behind stealth fighter

 

[Cthulhu]

Jee i wonder why?

Germany officially knocks F-35 out of competition to replace Tornado

https://www.defensenews.com/global/...s-f-35-out-of-competition-to-replace-tornado/

 

[monitor]

If they reduce price we must get few after 2020 .

 

[UKBengali]

If they reduce price we must get few after 2020 .

@Avicenna

Think any chance US would sell BD a squadron or two?

 

[Skull and Bones]

If they reduce price we must get few after 2020 .

Don't look at the fly away cost, look at the whole life cycle cost.

 

[Philip the Arab]

Jee i wonder why?

Germany officially knocks F-35 out of competition to replace Tornado

https://www.defensenews.com/global/...s-f-35-out-of-competition-to-replace-tornado/

Airbus, Leonardo, and BAE all pressured Germany to buy the Typhoon hence why the F-35 was knocked out. F-35 outperforms the Typhoon any day.

 

[nahtanbob]

Don't look at the fly away cost, look at the whole life cycle cost.

i never understood this life cycle cost. are you saying air force is done with manufacturer after paying $80 million for F-35 ?

 

[Philip the Arab]

i never understood this life cycle cost. are you saying air force is done with manufacturer after paying $80 million for F-35 ?

He's kind of saying you still need to maintain the aircraft and upgrade it to newer capabilities which will increase the cost past 80 million dollars.

 

[nahtanbob]

He's kind of saying you still need to maintain the aircraft and upgrade it to newer capabilities which will increase the cost past 80 million dollars.

I never understood this whole life cycle cost. It looks like marketing BS to justify high prices.

 

[Avicenna]

@Avicenna

Think any chance US would sell BD a squadron or two?

LOL.

Me thinks not!

 

[Abu Shaleh Rumi]

If they reduce price we must get few after 2020 .

LOL, Bangladesh isnt a close US allied country. They will show us middle finger instantly...

 

[Philip the Arab]

I never understood this whole life cycle cost. It looks like marketing BS to justify high prices.

Say you get a Toyota Camry and pay for it all at once. You will still have to pay for servicing and updating car parts, same as with fighter jets which can be expensie. Do you get it?

 

[nahtanbob]

Say you get a Toyota Camry and pay for it all at once. You will still have to pay for servicing and updating car parts, same as with fighter jets which can be expensie. Do you get it?

Am I getting a lower price for the servicing and parts ??

 

[Philip the Arab]

Am I getting a lower price for the servicing and parts ??

If it were from a place that you were related to them of course. The US air force will pay less for servicing than any other F-35 customer because the servicer is American and the rule of thumb is that if something is American the US pays less for it.