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    Report: Pentagon’s Latest Cost Estimate for F-35 Program Reflects 3.5% Increase

    Department of Defense data shows the estimated cost to build and acquire Lockheed Martin-built F-35s has increased by 3.5 percent to $412 billion, up $14 billion from the previous estimate of $398 billion, Bloomberg reported Wednesday. According to the Pentagon’s Selected Acquisition Report, the latest cost estimate includes 2,470 planned fighter aircraft for the U.S. […] More