F-35 Cost May Drop to $85 Million by 2019

Despite its history of cost overruns, the Pentagon's fifth-generation fighter program is on course to realize significant savings in coming years, the program manager said this week. Jeff Babione, Lockheed Martin's program manager for the F-35 program, told reporters Tuesday that the cost of the F-35A - the Air Force variant of the aircraft -- was expected to drop from nearly $100 million per plane to about $85 million by 2019, thanks to efficiencies and cost-cutting manufacturing technologies.

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