- The Pentagon has agreed in principle to acquire 71 more F-35 fighter jets from Lockheed Martin (LMT) after negotiating a price cut with the contractor.
- The Defense Department will buy 36 aircraft for 4% less than it paid last year and 35 planes for 8% less.
- The deal, which includes ancillary equipment, is reportedly worth over $7B.
- The lower prices are enabling the Pentagon to acquire all the F-35s it has planned to in what will be the sixth and seventh purchase lots.
Pentagon negotiates discounts for 71 more F-35 planes
From other sites
at CNBC.com (Jun 7, 2015)
Video at CNBC.com (Jun 5, 2015)
Video at CNBC.com (May 12, 2015)
at CNBC.com (Apr 10, 2015)
Video at CNBC.com (Mar 24, 2015)
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