Lockheed Martin targets USD80 million unit price for F-35A in LRIP 14
Pat Host - IHS Jane's Defence Industry 21 November 2017
- Lockheed Martin is aiming for a F-35A unit price of USD80 million in its next LRIP
- Unit prices in general are decreasing as the Pentagon increases production
Lockheed Martin is targeting a unit price of USD80 million for its F-35 Lightning II Joint Strike Fighter (JSF) A-model conventional variant in its low rate initial production (LRIP) 14 negotiations, including the engine, according to a key executive.
Jeff Babione, Lockheed Martin executive vice-president and general manager of F-35, told Jane's on 16 November that the company and its Pentagon counterparts in 2014 targeted a USD85 million F-35A unit price for 2019. This would be USD89.6 million in 2017 dollars.
Lockheed Martin announced in February that its F-35A unit price for LRIP 10 was USD94.6 million for the F-35A; USD122.8 million for the F-35B short take-off and vertical landing (STOVL) variant; and USD121.8 million for the F-35C aircraft carrier variant.