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By 2017, delays and cost overruns had pushed the F-35 program's expected acquisition costs to $406.5 billion, with total lifetime cost (i.e., to 2070) to $1.5 trillion in then-year dollars which also includes operations and maintenance.
While the General Dynamics F-16E/F Fighting Falcon costs $50 million per export copy, the F-35 is likely to cost between $110–130 million. [12] The exported F-35 versions will have the same configuration as the U.S. versions, according to Brigadier General David Heinz, program executive officer in 2009. [13]
Because of cost-cutting measures, the U.S. Government asserts that the "flyaway" cost (including engines) has been dropping. The U.S. Government estimates that in 2020 an "F-35 will cost some $85m each, or less than half of the cost of the initial units delivered in 2009. Adjusted to today’s dollars, the 2020 price would be $75m each". [120]
Maintenance on components for the F-35 fighter jets is behind, leaving more than 10,000 components currently in the queue waiting to be repaired, according to the report.. The F-35 is used by the ...
As for the F-35, costs for the Lockheed Martin-developed stealth jet have hit about $485 billion, after a 10% bump this year due to what the Pentagon said was a need to improve its engine cooling.
Photo: U.S. Navy, via Wikimedia Commons. It's 70% over budget, and years behind schedule, but that hasn't stopped the Pentagon from estimating that it'll spend $392 billion for 2,443 F-35s over ...
The Israeli Air Force stated in 2006 that the F-35 was a key part of its recapitalization plans, and that Israel intended to buy over 100 F-35A fighters at an estimated cost of over $5 billion to replace their F-16s over time. [7]
The company's proposal for the Tactical Fighter Experimental project (TFX) was accepted in 1962, with the fighter seeing production as the General Dynamics F-111. By 1966, the plant had expanded to 4.7 million square feet, and by 1968 it had expanded further to 6.5 million square feet, to accommodate production of the F-111.