DTN News - DEFENSE NEWS: U.S. Fighter Aircraft Pricing Themselves Out of The Export Market
(NSI News Source Info) KOTTAKKAL, Kerala, India - October 29, 2013: At a time when U.S. arms manufacturers are turning to overseas markets to help make up for declining sales to Pentagon, analysts warn that the high prices of American fighter jets could place U.S. firms at a competitive disadvantage.
The arrival of the F-35 Joint Strike Fighter gives manufacturer Lockheed Martin Corp. an opportunity to sell the world’s most technologically advanced aircraft. But its price tag, in excess of $100 million per airplane, will make it unattainable for most non-U.S. buyers, according to new analysis by The Teal Group, a market research firm. Other perennial contenders in international competitions, Boeing’s F/A-18E/F Super Hornet and F-15 Eagle, also are becoming out of reach for many nations.
*Presented & compiled by DTN News ~ Defense-Technology News
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