Japan to pay $114 million for each F-35 fighter jet (Reuters)

TOKYO (Reuters) ? Japan's defense ministry said on Tuesday it would pay 8.9 billion yen ($114 million) for each of Lockheed Martin's (LMT.N) F-35 jet fighters in the initial stage of procurement.

The per-unit cost will come to 9.9 billion yen if backup parts are included, the ministry said.

The ministry plans to buy 42 of the radar-evading jets.

(Reporting by Kiyoshi Takenaka; Editing by Chris Gallagher)

Source: http://us.rd.yahoo.com/dailynews/rss/japan/*http%3A//news.yahoo.com/s/nm/20111220/bs_nm/us_lockheed_japan_f35_cost

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