Lockheed Martin Banks on Internal Investments to Reduce F-35 Cost

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http://www.nationaldefensemagazine.org/blog/Lists/Posts/Post.aspx?ID=1605



Lockheed Martin Banks on Internal Investments to Reduce F-35 Cost
By Valerie Insinna
9/16/2014

Lockheed Martin unveiled new details on manufacturing investments aimed at bringing the F-35 joint strike fighter price down to about $80 million a copy by 2019.

The efforts are a part of the company’s Blueprint for Affordability initiative and would save the government $1.8 billion by 2019, said Lorraine Martin, Lockheed’s vice president and general manager of the F-35 program, during a Sept. 16 briefing to reporters.

The latest figures in 2013 had the F-35's per unit cost ranging from $98 million to $116 million depending on the model.

Lockheed is making changes to joint strike fighter manufacturing techniques and the components themselves, she said.

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$80 million a pop? http://www.democraticunderground.com/11785030