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Factbox: What does Lockheed's F-35 fighter jet really cost?

Lockheed Martin Corp is developing and building the F-35 Joint Strike Fighter, the Pentagon's most expensive weapons program, for three U.S. military branches and eight international partners.The Pentagon released new cost projections for 78 major weapons programs on Thursday, including the F-35 program which showed the first decline in cost after years of increases and restructurings.The partners who are helping fund the F-35's development include Britain, Australia, Canada, Turkey, Italy, Norway, Denmark and the Netherlands.Israel and Japan have also placed orders and Singapore may soon follow suit, according to U.S. government sources. Lockheed is also bidding for a 60-fighter order from South Korea.Following are some key figures about the F-35 program:COST OF THE OVERALL PROGRAM* Senior Pentagon officials have said they consider that price tag unaffordable. Program officials are taking steps to reduce the projected operating cost, including hiring engine maker Pratt & Whitney, a un...

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