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Get updates on Lockheed F-35 Fighter
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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  1. U.S. sees first drop in F -35 costs; other programs steady

    The Pentagon on Thursday told Congress it expected a 1 percent drop in the cost of its biggest weapons program, the Lockheed Martin Corp. F-35 fighter jet, while ave...

  2. Pentagon sees slight drop in F -35 acquisition costs: sources

    The Pentagon's annual report to Congress shows a decline of $4.5 billion or just over 1 percent in the projected development and acquisition cost of the Lockheed Mar...

  3. Exclusive: U.S. Air Force to move forward target date for F -35 use

    The U.S. Air Force plans to start operational use of Lockheed Martin Corp.-built F-35 fighter jets in mid-2016, a year earlier than planned, using a similar software...

  4. Lockheed says furloughs could delay F -35 fighter, other programs

    The Pentagon's plans to put most of its 800,000 civilian employees on unpaid leave for 11 days could lead to delays on Lockheed Martin Corp's F-35 Joint Strike Fight...

  5. Boeing aims to keep building F/A-18 jets through 2020

    Boeing Co could keep building its Super Hornet fighter jet and a modified electronic attack version through 2020, the company said, given prospects for over 200 fore...

  6. Pentagon sees Singapore's decision about buying F-35s by summer

    Singapore has shown "tremendous interest" in the F-35 Joint Strike Fighter developed by Lockheed Martin Corp and will likely decide by this summer whether to buy the...

  7. U.S. urges Dutch to stick by F -35 fighter order

    The Department of Defense urged the Netherlands on Thursday not to cut its order for advanced F-35 warplanes, saying it could end up paying more per plane if it did....

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