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Thursday, March 22, 2012

Joint Strike Fighter aircraft to cost almost $70 million each

[F-35 Lightning II]Australia can still expect to pay an average $US70 million ($A67 million) for each Joint Strike Fighter (JSF) aircraft, even as production of the next generation F-35s ramps up.

The head of the JSF program for US aerospace company Lockheed Martin, Tom Burbage, said production was now running at four aircraft per month.

"We believe over the purchase time of your 75 airplanes, that cost will average out somewhere around $US70 million ($A67 million)," he told reporters in Canberra.

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