news of the strike fighter,
Lockheed delivers 300th F-35 aircraft
Jun. 12, 2018 7:24 AM ET|About: Lockheed Martin (LMT)|By: Yoel Minkoff, SA News Editor
As production volume increases and additional efficiencies are implemented, Lockheed Martin (NYSE:LMT) is on track to reduce the cost of an F-35A to $80M by 2020, which is equal to or less than legacy 4th generation aircraft.
The price of an F-35A has come down more than 60% from the first contract, touch labor has been reduced by about 75% over the last five years and the production span time has decreased by about 20% since 2015.
Now read: Military Preparedness »
news of the strike fighter, Lockheed delivers 300th F-35...
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