Lockheed Martin’s F-35 Lightning II is, without a doubt, the most expensive fighter craft in military history. Early production F-35A fighters clocked in at a whopping $130 million as of 2016, according to Popular Mechanics, and the Marine Corps’ order for the F-35B vertical takeoff and landing (VTOL) variant will likely end up somewhere around […]
Lockheed Wins $8.2B to Build 90 F-35 Jets After Trump Intervenes…
The White House announced a contract for 90 F-35 jets from Lockheed Martin Corp. valued at as much as $8.2 billion, boasting of savings after President Donald Trump chided that the Pentagon’s costliest program was “out of control.” Based on the per-plane cost, the savings will be $728 million compared with the previous contract, according […]
Trump Blasts Defense Contracting Titans for Overpriced Weapons…
Military reformers in the nation’s capital may have found a soul mate in a billionaire real estate magnate who takes a keen interest in what things cost, including big weapons systems. The reformers — an alliance of watchdog activists, technocrats and former government auditors — have long bemoaned the delays and cost overruns that plague […]