DoD agrees to F-35 engine contract - prices lower

Yes, that's right, the pricing on the engines for the F-35s of LRIP 6 have decreased:

In a statement, the Pentagon said the agreement reflected a continued reduction in the cost of the F-35 engines. It said the price of each of the 32 common configuration engines, which power both the Air Force’s conventional take-off variant of the F-35 and the Navy’s carrier variant, would be about 2.5 percent lower than in the previous order.

The unit prices for the 6 engines that power the Marine Corps’ short take-off and vertical landing (STOVL) aircraft, were about 9.6 percent lower compared with the previous contract, according to the statement.

“Driving down cost is critical to the success of this program and we are working together — in each successive contract — to lower costs for the propulsion system,” said Air Force Lieutenant General Chris Bogdan, the Pentagon official who runs the F-35 program. 

So we have a 22% drop in the overall cost, a 40% drop in the ALIS and now a 2.5 to 9.6% drop in engine costs depending on the variant.

But, you know, prices won't come down ... or something.

Graff