Wednesday, June 2, 2010

F-35 Budget Out Of Control -- A News Roundup

F 35 Lightning Joint Strike Fighter.

Pentagon: Total F-35 Price Tag Could Reach $382 Billion -- Defense News

Senior Pentagon officials on June 1 announced the F-35 fighter and five other major weapon systems have surpassed a legal cost threshold, while also criticizing the review process that triggers the "Nunn-McCurdy breaches."

The Defense Department told lawmakers the F-35 fighter program could cost as much as $382.4 billion, with each Lightning II model coming with a $92.4 million price tag, according to DoD budget documents.

Read more ....

More News On the F-35

UPDATE 2-Lockheed F-35 cost now projected at $382 bln -- Reuters
JSF Price Tag Now $112 Million Per Plane; Program $382 Billion -- DoD Buzz
Lockheed F-35’s Projected Cost Rises to $382 Billion (Update1) -- Bloomberg Businessweek
Cost of F-35 still higher than expected, Pentagon report says -- Star-Telegram
JSF Costs Up - Again... -- Information Dissemination
F-35 Review Shows How Best Intentions Of Reformers Often Backfire -- Lexington Institute

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