Pentagon, Lockheed Target 4% Drop in F-35 Price

Pentagon, Lockheed Target 4% Drop in F-35 Price:

After more than a year of prickly contract talks between the Pentagon and its F-35 prime contractor, Lockheed Martin, the two have finally reached an agreement of terms for the $3.8 billion deal.

The goal is to lower the price of each of the three variants by 4%, according to Joe Dellavedova, F-35 spokesman for the Pentagon.