Pentagon Official Says 'Handshake' Deal Will Lower the Cost of F-35s -Reuters
June 10 2019 - 4:04PM
Dow Jones News
--A Pentagon official said a "handshake" agreement with Lockheed
Martin Co. (LMT) will cut the per jet price on the latest order of
F-35A fighters, Reuters reports Monday.
--Under Secretary of Defense Ellen Lord said the agreement will
lower the cost of each aircraft to $81.35 million, the report
said.
--The price of the jets will drop below $80 million in
subsequent years, the report said.
Full story:
https://www.reuters.com/article/us-usa-defense-f35/pentagon-gets-8-8-discount-in-34-billion-f-35-jet-deal-idUSKCN1TB27T?il=0
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 10, 2019 15:49 ET (19:49 GMT)
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