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Japan warned that it may halt its purchase of the F-35 if the cost per aircraft increases and Canada has indicated it has not yet committed to purchase the aircraft. [94] [95] The United States is now projected to spend an estimated $323 billion for development and procurement of the F-35, making it the most expensive defense program ever. [96]
While the General Dynamics F-16E/F Fighting Falcon costs $50 million per export copy, the F-35 is likely to cost between $110–130 million. [12] The exported F-35 versions will have the same configuration as the U.S. versions, according to Brigadier General David Heinz, program executive officer in 2009. [13]
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]
The GAO expects the F-35 program to cost about $2 trillion over its entire lifespan. Elon Musk, who's set to start advising President-elect Donald Trump on government efficiency in 2025 ...
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Lockheed Martin is a year ahead of schedule with its plan to cut the cost of its F-35 A fighter jet variant to $80 million by 2020, the U.S. company said on Thursday. "We have beaten the goal by a ...
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 Lockheed Martin F-35 Lightning II is a family of stealth multirole fighters that first entered service with the United States in 2015. The aircraft has been ordered by program partner nations, including the United Kingdom, Italy, Norway, and Australia, and also through the Department of Defense's Foreign Military Sales program, including Japan, South Korea, and Israel.