F-35 Weekly Update: 27th August 2013




A fleet of Lockheed Martin Corp. (LMT)’s F-35 fighters will cost $857 billion over 55 years to operate and support, 22 percent less than previously estimated, according to the head of the Pentagon office developing the plane. The new estimate reflects the aircraft’s performance in 5,000 test flights over 7,000 hours, Air Force Lieutenant General Christopher Bogdan, the Defense Department’s program manager for the F-35, told the Senate Armed Services Committee in written ans...
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