Lockheed’s F-35 fighter program gets $34 billion contract, the biggest yet
The F-35 is making Lockheed Martin some serious cash- with a new contract raking in over $34 billion in taxpayer funds for fewer than 500 aircraft.
In what is becoming a success story for an aircraft that seemed doomed to fail after nearly two decades of setbacks, cost overruns and mechanical woes, the Lightning II is finally coming into its own, and is making money for its manufacturer.
Fortunately for the USAF, the new deal being delivered will cost around $80 million apiece for an F-35A, thanks to an agreement with Lockheed Martin.
According to CNBC, the contract will cover three lots of aircraft, which will arrive in shipments of 12, 13 and 14. In total, the US military and allied partners will have around 478 aircraft.
The Turkish military -who purchased Russian missile systems- will not be receiving their F-35s, and the amount of parts they make for the aircraft will be transferred to another nation.
“Unfortunately, Turkey’s decision to purchase Russian S-400 air defense systems renders its continued involvement with the F-35 impossible. The F-35 cannot coexist with a Russian intelligence-collection platform that will be used to learn about its advanced capabilities,” the White House said of the matter in July.
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