F-35 cost target impossible without block buy, Lockheed says

A hand-shake agreement with US government negotiators slashes the cost of each F-35A ordered in the latest annual lot to $94.6 million, but the Lockheed Martin programme’s goal to drop the price to $85 million in three years is in jeopardy unless the Defense department invokes a package of special acquisition tools, says Lockheed chief financial officer Bruce Tanner.

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