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Trump touts $600 million in F-35 savings, an amount similar to a cut that was already planned

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President Donald Trump touted a $600-million cost reduction for the F-35 fighter jet program in remarks Monday. But that amount appears to be similar to a previously planned price slash by the Department of Defense.

Trump took credit for the reduction, telling reporters that the cut applies to 90 planes.

“I was able to get $600 million approximately off those planes,” he said. “I think that was a great achievement. So I appreciate Lockheed Martin for being so responsive.”

The F-35 Joint Strike Fighter is produced in batches, and the price per plane is expected to decrease with each lot. The next batch, known in military jargon as low-rate initial production 10, is expected to contain 90 planes. Negotiations are still ongoing to determine pricing for these planes.

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