Posted on 04/22/2016 4:22:12 AM PDT by sukhoi-30mki
“The F-35 has a $90 million flyaway cost as of this year.”
That’s projected cost. Actual is over $166 million per copy.
From http://breakingdefense.com/2016/02/bogdan-predicts-f-35s-for-less-than-80m-engines-included/:
Now, Program Executive Officer Lt. Gen. Chris Bogdan says the most common model of the plane, the F-35A, will hit $80 million to $85 million by 2019 and he expects the price will go lower, especially when it hits multi-year procurement in a few years. That price is in then-year dollars, and it includes an engine.Your $166 million figure is from 2009. My $90 million should have been ~$100 million for 2016.He estimated the next two lots, LRIPs 9 and 10, will come in at just about and then below $100 million a plane.
Note that $85 million in 2019 dollars is $80 million in 2016 dollars given 2% inflation.
From https://en.wikipedia.org/wiki/Lockheed_Martin_F-35_Lightning_II:
In July 2014, Lockheed Martin, Northrop Grumman, and BAE Systems announced they would invest a combined $170 million in the program, which was anticipated to result in a savings of over $10 million per aircraft.and...This initiative was said to have set the project on track for an $80M (including engine) price tag per aircraft (F-35A) by 2018, when full production is scheduled to begin.
The U.S. Government estimates that in 2020 an "F-35 will cost some $85m each, or less than half of the cost of the initial units delivered in 2009. Adjusted to todays dollars, the 2020 price would be $75m each."and...
In 2014, the airframe cost went below $100 million for the first time, and the Air Force expected unit costs to fall.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.