US government could more than double industry’s F-35 ‘affordability’ investment

IHS Jane's Defence Weekly // October 07, 2014

The US government plans to offer USD300 million towards a two-year Lockheed Martin F-35 Lightning II Joint Strike Fighter production affordability plan announced by the company in September, a top executive told IHS Jane's during a 6 October interview.

"The US government has said it would invest USD100 million in each of the three following years to get a total investment, industry, and government, of USD470 million focused on design changes to the aircraft which will make it more affordable," said Steve Over, Lockheed Martin's director for F-35 international business development. Over added that the company is "not satisfied" with the current cost of the aircraft.

Read the full story from IHS Jane's Defence Weekly.