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The aerospace giant issued a statement assuring the President-elect and national partners that the cost of the F-35 will go down.
The F-35A is expected to cost $85 million, less than any fourth-generation fighter with the other two F-35 variants also significantly reducing in price.
British Prime Minister Theresa May has stressed that the UK is committed to working with Gulf partners to counter the threat from Iran.
After confirming that the Type 26 Frigate would be built on the Clyde, Michael Fallon has expressed the intention that the Type 31 Frigate will also be assembled there.