F-35 Price Rising Due to New Upgrades, Inflation, More
6 Articles
6 Articles
F-35 Price Rising due to New Upgrades, Inflation, More
Inflation and rising costs for critical upgrades are swelling the price of the F-35 fighter, according to a newly released acquisition report on the fifth-generation jet. The post F-35 Price Rising due to New Upgrades, Inflation, More appeared first on Air & Space Forces Magazine.
F-35 lifetime price tag dips beneath $2 trillion even as buying costs rise
The Defense Department anticipates it will spend an additional $51 billion to acquire the stealth fighter, though revised estimates have pulled the program’s total cost beneath $2 trillion, according to a recent Pentagon report.
The US Department of Defense (Pentagon) announced that the total procurement cost of the F-35 fighter jet program has increased by $51 billion, reaching $536.2 billion. This 10% price increase was influenced by the modernization process, procurement costs, inflation, and spare parts requirements.
The total procurement cost for the US Department of War's F-35 program has increased by $51 billion, from $485.2 billion to $536.2 billion. According to the Pentagon's updated Modernized Selected Acquisition Report, the approximately 10 percent increase was influenced by modernization efforts, rising production costs, spare parts needs, and inflation. Of the total increase, $32 billion is for aircraft… The post Cost Alarm in F-35 Program: Bill E…
Pentagon report shows F-35 unit production costs rising across all three variants amid modernization and inflation pressures
The Pentagon has raised the estimated acquisition cost of the F-35 program to $536.2 billion, up $51 billion from the $485.2 billion recorded in its previous 2023 assessment.
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