(DCNF)—The U.S. Air Force slashed its request to Congress for Lockheed Martin’s most advanced fighter jet in half, dealing a blow to the defense industry titan, Bloomberg News reported Wednesday.
The branch slashed its order of F-35 fighter jets from 48 units to only 24 units in their procurement request documents sent to Capitol Hill this week, according to Bloomberg. Critics have long lambasted the fighter jet as an example of the pitfalls of Pentagon contracting due to its extremely costly development and timeline delays, as the F-35 was projected in 2024 to cost the Pentagon $2 trillion over the coming decades while it spent more than 20 years being behind full production levels.
As of May 2024, there were around 630 F-35s in service across the U.S. military, with more being sold to other nations for their armed forces; at the time, the military had plans to acquire nearly 2,000 more F-35 jets.
The procurement request may undergo major changes in Congress, and Lockheed Martin has many allies on Capitol Hill, according to Bloomberg. In total, Lockheed Martin has spent more than $3.5 million in lobbying congress so far in 2025, according to Open Secrets data.
The F-35 is a fifth-generation fighter designed to be a multi-role aircraft that incorporated vertical take-off and landing and stealth capabilities in order to facilitate use by all branches of the armed forces, according to the contractor. Lockheed Martin delivered its first jet in 2006.
So far, 967 jets have been contracted, and Lockheed Martin has delivered 747 units, according to Bloomberg. However, many of the jets have suffered from persistent readiness issues attributable to maintenance problems.
Each F-35 cost roughly $80 million to produce, F-35 Joint Program Office spokesman Russ Goemaere told Breaking Defense in 2023. The Pentagon has long held a preoccupation with expensive projects such as the F-35, with experts previously telling the Daily Caller News Foundation that the philosophy could be in for a rude awakening given that modern battlefields are increasingly dominated by cheap, mass-produced drones.
President Donald Trump recently unveiled the F-47 in March, meant to be America’s foray into sixth-generation fighters. The contract for the new aircraft went to Boeing, another mainstay manufacturer of the defense industrial complex.
The Trump administration has made it a priority to reform the Department of Defense’s contracting system, with Defense Secretary Pete Hegseth recently issuing a slew of orders in May to review contracts at the Pentagon, including major reform to the DOD’s weapons testing and procurement office.
“The F-35 is the cornerstone of the battlespace for the U.S. military, enabling peace through strength in the 21st century,” a Lockheed Martin spokesperson told the DCNF. “It is combat proven, offers the most advanced capability and technology, and is the most affordable option to ensure the U.S. and allies remain ahead of emerging threats. We will continue to work closely with the Administration, Congress and our customers to deliver this game-changing capability as the budget process continues in the months ahead.”
The Air Force did not respond to the DCNF’s request for comment.
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Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.
Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.
Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.
Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.
Lower Costs and Better Liquidity for Home Storage
When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:
- You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
- Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
- Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
- Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
- Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.
In times when quick access to value becomes important, bullion’s simplicity stands out.
Stronger Fit for Precious Metals IRAs
Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.
Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.
Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.
Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.
How to Get Started with Bullion
Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.
Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.
As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.
For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.