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Trump: Lockheed Martin to cut $600 million off cost of F-35 joint strike fighter

Trump: Lockheed Martin to cut $600 million off cost of F-35 joint strike fighter

Jacob Pramuk | CNBC -- 

President Donald Trump claimed Monday that Lockheed Martin cut $600 million off the cost of the F-35 fighter jet program that he has repeatedly slammed for cost overruns and delays.

Trump said it applied to the next 90 planes. The F-35 currently has a per-unit cost of about $100 million, which the company pledged to bring down even before Trump became involved.

"I appreciate Lockheed Martin for being so responsive," Trump told reporters at the White House.

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