WASHINGTON (Reuters) - The Pentagon on Wednesday said it reached a “fixed-price” agreement with Lockheed Martin Corp for a fourth batch of F-35 fighter jets, wrapping up months of negotiations.
Pentagon spokesman Bryan Whitman said the deal, concluded Tuesday with Lockheed, included 30 fighter jets for the United States, one for Britain and an option for one more for the Netherlands.
He said the contract set a “fair and reasonable” basis for the fourth lot of production jets, and “sets the appropriate foundation for future production lots.” He said the contract price was below independent cost estimates released earlier this year.
Reporting by Andrea Shalal-Esa. Editing by Robert MacMillan