Israel-Palestine News Compiler

IDF deal for F-35 sours over soaring costs of fighter jets

Posted in Internal Israeli Affairs, Israel and the US by beyondtheborder on April 17, 2009

Because of the F-35’s structure, which places missiles, bombs and electronic devices inside the plane, no system can be installed externally and considerable internal modifications would be required.

These modifications push up the aircraft’s price by at least 25 percent. In 2002, Lockheed Martin cited the cost of one F-35 at some $47 million, but now the official price is about $80 million, in part reflecting the dollar’s devaluation. The modifications Israel is demanding raise the price tag to over $100 million.

One Pentagon estimate quoted the cost of 75 F-35s in addition to spare parts, engines and a comprehensive support system at $15 billion. Senior defense establishment officials say such prices are prohibitive.

For full article, visit http://www.haaretz.com/hasen/spages/1078888.html