Lockheed F-35 Cost Stabilizes At $406 Billion, Pentagon Says

The Pentagon's estimated cost to develop and purchase Lockheed Martin's (LMT) F-35 jet, the costliest U.S. weapons program, has stabilized for now, according to a new report to Congress.

X The total acquisition cost for the advanced fighter is projected at $406.1 billion, virtually unchanged from the $406.5 billion estimated last year, according to the Defense Department's latest Selected Acquisition Report, which will be sent to Congress this week. The projections were obtained in advance...

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