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F-35 Support Costs Over 55 Years Fall 22%, Pentagon Manager Says

Bloomberg // August 21, 2013

A fleet of Lockheed Martin Corp.’s F-35 fighters will cost $857 billion over 55 years to operate and support, 22 percent less than previously estimated, according to the head of the Pentagon office developing the plane.

By Tony Capaccio

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.

“The previous cost estimate did not factor in this new knowledge,” Bogdan said.

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