Prices for the F-35 have dropped at the urging of the Pentagon, with the F-35B being the most expensive of the program's three aircraft at $115.5 million per plane. The F-35’s teething problems are finally being sorted out but this lack of a track record may be key in explaining Singapore’s cautious F-35 purchase. According to maker Lockheed Martin, the F-35B – the short take-off/vertical landing variant that Singapore is reportedly interested in – costs US$115.5 million. Singapore announced on Friday (Jan 18) that it would buy a "small number" of F-35 Joint Strike Fighters for "a full evaluation of their capabilities and suitability before deciding on a full fleet". A July State Department report said the U.S. had $7.34 billion in active Foreign Military Sales cases with Singapore's government. The F-35 has a maximum speed of Mach 1.6, compared to Mach 2 to 2.5 for the F-16 and F-15, respectively. Lockheed Martin sees Europe as a key market opportunity, said Steve Over, director of F-35 international business development at the company. Singapore F-35 Buy Moves Closer. “The current unit price of the F-35 ranges from US$90 million (S$122 million) to US$115 million per aircraft, comparable to what we have paid for our F-15SGs." In newly inked deal, F-35 price falls to $78 million a copy By: Valerie Insinna October 29, 2019 Lockheed Martin will deliver 149 F-35s in Lot 12, 160 aircraft in Lot 13 and 169 for Lot 14. by Chris Pocock ... Defence Minister Ng said last March that the unit price of an F-35 was similar to that of Singapore’s F … Prices for the F-35 … “The State Department has made a determination approving a possible foreign military sale to Singapore of up to twelve F-35B … aircraft and related equipment for … Its service ceiling is fifty thousand feet, compared to … The F-35 provides 5 th generation capability – at a price that is competitive with the cost of a 4 th generation fighter. In Oct. 2019, the U.S. Department of Defense and Lockheed Martin finalized a $34 billion contract for the production and delivery of 478 F-35s at the lowest aircraft price in program history. F-35 fighter jets are among the most advanced warplanes ever built. “Europe is probably the seat of interest for the F-35,” he told National Defense.

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