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F-35 support costs fall 22 per cent, pentagon manager estimates

from Bloomberg

A fleet of Lockheed Martin Corp. (LMT)'s F-35 fighters will cost $857 billion over 55 years to operate and support, 22 per cent less than previously estimated, according to the head of the Pentagon office developing the plane. The new estimate reflects the aircraft's performance in 5,000 test flights over 7,000 hours, Air Force Lieutenant General Christopher Bogdan, the Defense Department's program manager for the F-35, told the Senate Armed Services Committee in written answers last month that haven’t been made public until now. more

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