F-35 Weekly Update: 30th September 2013




The Pentagon on Friday said it had finalized two contracts with Lockheed Martin Corp (LMT.N) valued at $7.8 billion for 71 more F-35 fighter jets, citing what it called significant reductions in the cost of the new radar-evading warplane. The U.S. Defense Department said it signed a $4.4 billion contract for a sixth batch of 36 F-35 aircraft, with the average cost of the planes down 2.5 percent from the previous deal. All but $743 million of that amount had already been awarded to the compan...
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