House committee adds $369M for Lockheed's F-22 jet

ap on finance Yahoo ^ | 6/17/09 | AP

[NormsRevenge]

WASHINGTON (AP) -- Lockheed Martin Corp.'s F-22 program got an unexpected lift Wednesday after House lawmakers approved $369 million to continue production of the radar-evading fighter jets.

The surprise amendment, likely to reopen a debate over the necessity of the Cold War planes that cost $140 million each, was approved by the House Armed Services Committee by a vote of 31-30, along party lines.

The extra funding was adopted as part of the 2010 Defense Department spending bill mark-up. The bill still needs to make its way through the full House and Senate.

[Red Steel]

It’s to keep the production line going until there is no more Obama presidency.

[rmlew]

I was talking marginal cost per unit, not tht of the mcu plus the fixed R&D costs.