BREAKING!!!! F-35 Delayed For Two Years, And Will Be Significantly Over Budget

An F-35 Lightning II Joint Strike Fighter test aircraft banks over the flightline at Eglin Air Force Base, Fla. SENIOR AIRMAN JULIANNE SHOWALTER / AIR FORCE

Air Force: Joint Strike Fighter Delayed, Will Cost Much More Than Once Expected -- The Hill

The high-profile F-35 Joint Strike Fighter program will be delayed by two years and will be significantly over cost, Air Force Secretary Michael Donley said on Tuesday.

“We think it is probable that there will be a Nunn-McCurdy breach,” Donley said at a breakfast with defense reporters.

The so-called Nunn-McCurdy law requires the military services or the Pentagon leadership to tell Congress when the price tag of a program increases significantly. The Pentagon then must certify to Congress that the program is still worth pursuing.

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More News On The F-35

Fighter plane behind schedule, over budget -- UPI
Air Force: F-35 jet delayed by 2 years -- AP
Donley: JSF Cost Breach Expected -- Aviation Week
Pentagon slips F-35 schedule, reviews costs -- Reuters
Air Force secretary says F-35 cost to breach legal limit -- Government Executive
DoD Memo Formalizes F-35 Program Overhaul -- Defense News
F-35s delayed until 2015 -- PNJ.com
US announces two-year delay in F-35 fighter program -- Raw Story
DoD Memo Formalizes F-35 Program Overhaul -- Marine Times
Internal Pentagon memo predicts that F-35 testing won't be complete until 2016 -- Star Telegram