WASHINGTON—Lockheed Martin Corp said future F-35A fighter jets could be more expensive as rising inflation and customer demands halt a 64 percent drop in price since the jet was first introduced in 2007.
The first F-35A cost $221 million when it came off the production line in 2007. Since then, production quantities and know-how have increased, helping the price of the stealthy fifth-generation fighter drop to $79 million today as it gained appeal and buyers in 15 countries.