#CrookedDonald took credit for cost cuts for F-35 but it was already planned by Defense Dept:
The man is so sickening!!
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Laffy @GottaLaff
Trump took credit for cost cuts for F-35... but it was already planned by Defense Dept: LATimes
http://www.latimes.com/business/la-fi-trump-f35-20170130-story.html
Trump touts $600 million in F-35 savings, an amount similar to a cut that was already planned
F-35
Lockheed Martin aircraft perform flight tests aboard a U.S. assault ship in November. (Irfan Khan / Los Angeles Times)
Samantha MasunagaSamantha MasunagaContact Reporter
President Donald Trump touted a $600-million cost reduction for the F-35 fighter jet program in remarks Monday. But that amount appears to be similar to a previously planned price slash by the Department of Defense.
Trump took credit for the reduction, telling reporters that the cut applies to 90 planes.
I was able to get $600 million approximately off those planes, he said. I think that was a great achievement. So I appreciate Lockheed Martin for being so responsive.
The F-35 Joint Strike Fighter is produced in batches, and the price per plane is expected to decrease with each lot. The next batch, known in military jargon as low-rate initial production 10, is expected to contain 90 planes. Negotiations are still ongoing to determine pricing for these planes........................................................