Tuesday, January 31, 2017

Trump ‘trims $600 mil.’ from F-35 costs

U.S. President Donald Trump said on Monday his administration had been able to cut some $600 million from the latest U.S. deal to buy about 90 F-35 Joint Strike Fighters. Negotiations for the 10th batch of F-35 aircraft — about 90 planes — have been under way. The contract was expected to be around $9 billion, with the price per plane falling below $100 million.
The United States is expected to spend some $391 billion over 15 years to buy about 2,443 F-35s.