What Happened
Pentagon Reveals Higher Prices For All Three F-35 Variants
The cost of the F-35 Joint Strike Fighter has increased by as much as 11% across all three variants, according to the Pentagon. The average flyaway cost of the F-35A rose to $92 million, while the F-35B and F-35C saw increases to $121.4 million and $110.8 million, respectively. The cost increase is attributed to inflation, rising raw material prices, and supply chain issues. Lockheed Martin previously stated that the program is moving into full-rate production and focusing on modernization and sustainment. The news was first reported by Air & Space Forces Magazine and confirmed by Breaking Defense.