F 35 Lightning Joint Strike Fighter.Pentagon Study Shows F-35 Jet To Cost More--Report -- Reuters
WASHINGTON, Oct 23 (Reuters) - A new Pentagon study has affirmed previous findings that Lockheed Martin Corp's (LMT.N) F-35 Joint Strike Fighter aircraft, the costliest U.S. arms purchase program, will require billions of dollars more than planned, and more time, an online news service said on Friday.
A military "joint estimate team" tasked in July to examine the program has found the F-35 program's performance "is not markedly improving," InsideDefense.com said, citing an unidentified source.
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More News On F-35 Cost Overruns
Hill Aides Call For JSF Restructure -- DoD Buzz
JSF Hits Money Wall -- Defense Tech
JET report confirms their previous report on F-35 costs -- ELP Defens(c)e
My Comment: People who promoted this project are going to scurry for cover. This is a bad sign and an indication that more bad news is probably coming down the pipeline.
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