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On 11 March 2010, a report from the Government Accountability Office to United States Senate Committee on Armed Services projected the overall unit cost of an F-35A to be $113 million in "today's money". [45] In 2010, Pentagon officials disclosed that the F-35 program had exceeded its original cost estimates by more than 50 percent. [46]
In fiscal year 2018, the F-35A's cost per flight hour (CPFH) was $44,000, a number that was reduced to $35,000 in 2019. [285] For comparison, in 2015 the CPFH of the A-10 was $17,716; the F-15C, $41,921; and the F-16C, $22,514. [286] Lockheed Martin hopes to reduce it to $25,000 by 2025 through performance-based logistics and other measures. [287]
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 F-35 program, which makes up about 25% of Lockheed's annual revenue, has long aimed at expanding the fleet to more than 3,000 jets and bringing the unit price of the F-35A below $80 million ...
Lockheed Martin is a year ahead of schedule with its plan to cut the cost of its F-35 A fighter jet variant to $80 million by 2020, the U.S. company said on Thursday. "We have beaten the goal by a ...
Lockheed Martin F-35 Lightning II procurement is the planned selection and purchase of the Lockheed Martin F-35 Lightning II, also known as the Joint Strike Fighter (JSF) by various countries. The F-35 Lightning II was conceived from the start of the project as having participation from many countries, most of which would both contribute to the ...
As a portion of the agreement, approximately $5 million per aircraft is being withheld and will be released as combat capability is delivered," an F-35 Joint Program Office spokesman said. The F ...
Furthermore, F-35 export competitiveness has been hurt by international buyers finding either its export variant too costly per unit or "watered down". While the F-16E/F costs $50 million per export copy, the F-35 is likely to cost between $65–120 million.[100], Brigadier Gen. David Heinz, program executive officer for the F-35, said "I state ...