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Wednesday, November 19, 2008

Israeli defense officials shocked by F-35 price jump

"Defense News" reports that Ministry of Defense and Israel Air Force officials are "stunned by projected program costs for their Israel-unique version of the F-35" Joint Strike Fighter (JSF), manufactured by Lockheed Martin Corporation.

IAF and Ministry of Defense officials are struggling to pare a hefty list of customized subsystems and add-ons that threaten to ground the aircraft as unaffordable.

"Defense News" states that, in September, US F-35 program officials gave rough price and availability data to their Israeli counterparts, who reacted with sticker shock to the price tag of $200 million per plane.

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