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The Price of the New Generation: The price of the F-35 strike fighter compares well with that of a modern F-16 or F/A-18 loaded for bear, Steve O'Bryan, Lockheed Martin's vice president for F-35 business development, tells the Daily Report. "A fully operational," latest model F-16E or F/A-18E is "the same cost" as an F-35 at maturity, coming in at roughly $65 million in 2010 dollars, claimed O'Bryan Tuesday. He said one of the difficulties of comparing costs between the fifth generation F-35 and the fourth generation F-16s and F/A-18s is that many systems on the latter—such as targeting pods, electronic warfare pods, conformal fuel tanks and AESA radar—are sold separately. On the F-35, they are internal, standard equipment, he said. But after spending a similar amount of money on an F-16 or F/A-18, "it's still a fourth generation aircraft", said O'Bryan, meaning still less capable than the F-35. He also said Lockheed's F-35 cost numbers track very closely with those of the US government. "It's less than a five-percent difference" between the Pentagon's cost numbers and the company's own figures, he asserted.