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In Claiming $600m Cut To F-35 Program, Trump Takes Credit For Baked-In Savings

Dan Parsons By
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In Claiming $600m Cut To F-35 Program, Trump Takes Credit For Baked-In Savings
The 36th F-35 Lightning II delivered in 2014 was CF-19, the U.S. Marine Corps’ first F-35C carrier variant. The jet will be assigned to the U.S. Navy’s VA-101 “Grim Reapers” Fighter Squadron, 33rd Fighter Wing, Eglin Air Force Base, Florida. After arrival, CF-19 will be used for F-35C pilot training. (Photo Lockheed Martin)

Without context or explanation, President Donald Trump on Monday claims to have negotiated a deal with Lockheed Martin [LMT] to shave $600 million from the F-35 Joint Strike Fighter program.Negotiations with Lockheed have trimmed $600 million from the F35 fighter jet price tag, the president told pool reporters on Monday.  “I think that was a great achievement,” he said, according to a pool report.  “I appreciate Lockheed Martin for being so responsive.”Aviation and defense analysts cannot make heads or tails…

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