How much does a Lockheed Martin F-35 cost?

The first F-35A cost $221 million when it came off the production line in 2007. Since then, production quantities and know-how have increased, helping the price of the stealthy fifth-generation fighter drop to $79 million today as it gained appeal and buyers in 15 countries.

How much does the F-35 Joint Strike Fighter cost?

The F-35’s price per unit, including ancillary costs like depot maintenance, ground support equipment, and spare parts is $110.3 million per F-35A, $135.8 million per F-35B, and $117.3 million per F-35C.

How much is an F 22 Raptor?

The average unit cost of each plane was estimated at $232.5 million.

How much is an F-22 Raptor cost?

The F-22 Cost Is Astronomical The cost of one aircraft alone is an estimated $334 million which includes research and development (unit cost of $150 million). The Air Force originally wanted 700 F-22s to be produced but had to cancel production just shy of 200 because they were already over-budget.

How much do F-35 pilots make?

The salary trajectory of a Fighter Pilot ranges between locations and employers. The salary starts at $97,160 per year and goes up to $85,061 per year for the highest level of seniority.

How much is a F-35B jet?

How much do F-35s cost? In March 2020, defence minister Jeremy Quin stated the price of an F-35B was $115 million (around £88.8 million when using UK Government March 2020 exchange rates), covering airframe and engine cost.

What is the Lockheed Martin F-35 Lightning II?

The Lockheed Martin F-35 Lightning II is a family of single-seat, single-engine, all-weather, stealth, fifth-generation, multirole combat aircraft, designed for ground-attack and air-superiority missions. It is built by Lockheed Martin and many subcontractors, including Northrop Grumman, Pratt & Whitney, and BAE Systems.

How much does the F-35 cost to make and fly?

How Much Does The F-35 Cost To Make And Fly? The F-35’s acquisition price tag is $400 billion, making it the most expensive Pentagon program ever. The current unit price of an F-35A is now $89.2 million and Lockheed predicts this price will fall to $80 million by 2020.

Who funds the development of the F-35 fighter jet?

The United States principally funds F-35 development, with additional funding from other NATO members and close U.S. allies, including the United Kingdom, Italy, Australia, Canada, Norway, Denmark, the Netherlands, and formerly Turkey.

Will F-35 development costs be made back by economies of scale?

Lockheed-Martin’s LMT -1\% F-35 stealth jet has remained a lightning rod for controversy, but its advocates can point to the jet’s steadily declining unit price in the last six years—down to $78 million per land-based F-35A — as evidence that its costly and protracted development will be made back by economies of scale as it enters service.