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Defence Notes

PREMIUM: No F-35 funding gap talks between MoD and Lockheed Martin UK

17th December 2020 - 17:29 GMT | by Tim Martin in London

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Despite discussions between the UK MoD and Lockheed Martin UK to assess driving costs of the F-35B programme down, the two have not talked about how to resolve a multibillion pound funding gap troubling acquisition plans.

The UK MoD and Lockheed Martin UK have not spoken about how to bridge a £7.9 billion ($10.7 billion) funding gap for the 48 F-35B fighter jets currently on contract and additional aircraft to be bought in the future.

The funding black hole was originally identified by the ...

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