Reduced Cost? Pentagon, Lockheed near deal on $9 billion F-35 contract – sources

The X-35 Joint Strike Fighter demontrator

If one wants a better deal in anything one has to ask for one. We’ll see how much better this ends up being for the taxpayers.

(From Reuters)

The U.S. Department of Defense and Lockheed Martin Corp (LMT.N) are close to deal for a contract worth almost $9 billion as negotiations are poised to bring the price per F-35 below $100 million for the first time, people familiar with the talks said Wednesday.

The F-35, the Pentagon’s costliest arms program, has drawn fire from U.S. President-elect Donald Trump who has made lowering prices for military equipment a pillar of his transition into office.

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