US Air Force handout photo of Lockheed Martin F-35B Lightning II fighter jet

Pentagon eyes three-year block buy of F-35s from fiscal 2018

US Air Force handout photo of Lockheed Martin F-35B Lightning II fighter jetBy Andrea Shalal WASHINGTON (Reuters) – The Pentagon said Friday it would talk to U.S. lawmakers about approving a three-year block buy of Lockheed Martin Corp F-35 fighter jets beginning in fiscal 2018 that would include U.S. purchases and international buyers. U.S. Defense Undersecretary Frank Kendall told reporters via teleconference from Oslo, Norway, that such a deal would not constitute a formal “multi-year buy,” but would still require congressional approval. A block buy of more than 400 jets would allow for “double-digit” cost savings from larger economies of scale when orders reach around 150 planes a year, said Kendall, who was attending an annual meeting of top U.S., international and industry officials on the F-35 program.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article