Monday, April 24, 2017

Trump wants even lower price on F-35....

via Inside Defense
President Donald Trump told the Associated Press in a recent interview he will push for deeper price cuts to the F-35 Joint Strike Fighter program.

During the interview, which AP published April 23, Trump claimed credit for the program's Lot 10 contract, which saw the F-35A unit cost drop about 7 percent to $94.6 million. As Inside Defense previously reported, the reduction was the result of an ongoing, affordability initiative that -- coupled with a doubling down on supplier costs -- is expected to drive the A-model jet's price down to $80 billion per copy by 2019.

“We went from a company that wanted more money for the planes to a company that cut,” Trump said. “And the reason they cut -- same planes, same everything -- was because of me. I mean, because that's what I do.”

Asked if those cuts would continue across future orders, he replied: “More. I'm gonna get more than that. This thing was out of control and now it's great.”
Fat chance!

No one is saying it but the increase in defense spending is in jeopardy.  That planned increase might run into a Dem/Republican Spending Hawk buzz saw.  We might be back to a train wreck situation.

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