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Lockheed Martin's F-35 jet price falls 6% to below $90 million: Sources

President Donald Trump and other US officials have criticised the F-35 programme for delays and cost overruns

Reuters  |  England 

The United States has struck a preliminary deal to buy F-35 jets from Lockheed Martin worth about $13 billion, clearing the way for a larger multi-year purchase that aims to bring the cost per jet down to $80 million by 2020, sources said. The deal for 141 F-35s lowers the price of the F-35A, the most common version of the stealthy fighter jet, to about $89 million, down around 6 percent from $94.3 million in the last deal struck in February 2017, the sources familiar with the talks said. Bringing down the cost of the world's most expensive defence programme is crucial to ...

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First Published: Sun, July 15 2018. 18:10 IST