Lockheed Martin has stabilized the cost of its F-35 Joint Strike Fighter program, company and DOD officials said. Some U.S. allies planning to buy the plane have raised concerns about its cost. The total cost is expected to come to $298.8 billion, about $1 billion less than the Pentagon estimated a year ago. The estimate demonstrates "a better sense of what it takes to build the airplane," said Dan Crowley, Joint Strike Fighter program chief for Lockheed's aircraft division.

Related Summaries