Better lenses are fixed aperture though, so I don't think it's unreasonable to replicate that here. My 24-70 is 2.8 across the board.
In any case, the need to have fixed fast aperture lenses is diminishing with IS and high ISO performance. I'd rather carry a fixed F4 than a fixed F2.8 zoom with a 2012 camera. It's going to be a much smaller lens and just as effective for most use cases.
It's important to note a distinction.
The faster aperture tends to necessitate better glass, but the idea that only fast lenses have good glass would not necessarily be true. There are plenty of "slow" lenses that have very good optical quality.
If it is indeed a lens with just a single aperture setting, can you tell me the model number? I'm quite curious now. Thx.