The recent agreement between the Pentagon and Lockheed Martin for the latest lot of F-35s includes a 6% price reduction compared to the previous buy. And while the two parties contend that the agreement indicates the price of a single F-35A will drop to $80 million by 2020, past cost estimates by the aircraft’s manufacturer and program office have proved overly optimistic.  Following the announcement of the handshake agreement for the 11th lot of F-35s for 141 jets, Pentagon ...

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