29-04-2024 12:26 AM Jerusalem Timing

Japan Buys F-35 Stealth Jets despite Price Rise

Japan Buys F-35 Stealth Jets despite Price Rise

Japan will buy four US-made F-35 stealth jets despite a sharply higher price tag, it said Friday, in Tokyo’s first confirmed order for the next-generation aircraft which has been plagued by delays.

US and China flagJapan will buy four US-made F-35 stealth jets despite a sharply higher price tag, it said Friday, in Tokyo's first confirmed order for the next-generation aircraft which has been plagued by delays.

An official from the defense ministry said Japan would now pay 9.6 billion yen ($120 million) per aircraft, up from the $110 million originally earmarked.

He added US officials had said the price rise was unavoidable and Tokyo accepted the situation.

"We learned that the reason for the price hike is because the United States decided to postpone its domestic procurement of 179 aircraft in the next five years due to its tight budget," the official said, speaking on condition of anonymity.

US F35 fighter jet"We accepted it as it is understandable. It would be hard for them to offer a lower price only to Japan, given that the jet was co-developed by nine countries," he said.

The F-35 is the most expensive weapons program in Pentagon history and has been plagued by cost overruns and technical delays.

The United States touts the F-35 as a technological wonder that will slip past enemy radar and allow allied forces to keep operating in the skies alongside US warplanes.

But the program's costs have skyrocketed just as governments around the world are facing severe budget pressures and austerity measures.

Italy has reduced its planned purchase from 131 to 90 aircraft and lawmakers in the Netherlands voted to limit their order to two, while an initial plan for 138 aircraft in Britain has been dropped without a firm number announced.