Lockheed Martin has reached in principle agreement with the US Department of Defense on reduced pricing for the next two low rate initial production – LRIP – batches of F-35s. The savings, which equate to an up to eight per cent saving over previous LRIP batches, should benefit Australia, which is acquiring its first two F-35s under LRIP-6.
There are no "savings" since there are no working mission systems to evaluate.
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