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The F-35's operating cost is higher than some older USAF tactical aircraft. In fiscal year 2018, the F-35A's cost per flight hour (CPFH) was $44,000, a number that was reduced to $35,000 in 2019. [285] For comparison, in 2015 the CPFH of the A-10 was $17,716; the F-15C, $41,921; and the F-16C, $22,514. [286]
Norway has estimated that each of their planned 52 F-35 fighter jets will cost their country $769 million over their operational lifetime. [3] The nine major partner nations, including the U.S., plan to acquire over 3,100 F-35s through 2035, [4] which, if delivered will make the F-35 one of the most numerous jet fighters.
Because of cost-cutting measures, the U.S. Government asserts that the "flyaway" cost (including engines) has been dropping. The U.S. Government estimates that in 2020 an "F-35 will cost some $85m each, or less than half of the cost of the initial units delivered in 2009. Adjusted to today’s dollars, the 2020 price would be $75m each". [120]
As for the F-35, costs for the Lockheed Martin-developed stealth jet have hit about $485 billion, after a 10% bump this year due to what the Pentagon said was a need to improve its engine cooling.
Photo: U.S. Navy, via Wikimedia Commons. It's 70% over budget, and years behind schedule, but that hasn't stopped the Pentagon from estimating that it'll spend $392 billion for 2,443 F-35s over ...
The F-35 program is the U.S. military’s most expensive. For premium support please call: 800-290-4726 more ways to reach us
The total price tag confirmed by Barak indicated that each aircraft costs about $96 million, with further expenses on training, simulators, spare parts, and the building of maintenance infrastructure. The first squadron of 20 F-35 jets, from the first production series, only included a few Israeli-made systems.
Lockheed anticipates a per-share profit of $26.65 for 2024, ... However, Lockheed's F-35 program was plagued by payment headwinds brought on by the government contracting process, causing the ...