Japan's F-35 deal signed, sealed despite soaring costs
Japan has signed a 60 billion yen ($756.53 million) deal with the U.S. to buy four F-35 Joint Strike Fighters.
The agreement, signed last Friday, prices each F-35A conventional take-off and landing variant (CTOL) fighter at a cost of 10.2 billion yen ($128.61 million) each, which is higher than the original cost agreed back in December 2011 of 9.9 billion yen ($124.83 million).
The price hike is a result of the U.S. cutting back on its domestic procurement of the JSF over the next five yea...
TO READ THE FULL STORY
Please note: That all fields marked with an asterisk (*) are required.