The first 63 F-35 fighter jets have exceeded their combined target cost by $1 billion, according to congressional auditors. Business Weekly
Pentagon: Trillion-Dollar Jet on Brink of Budgetary Disaster -- Danger Room
The F-35 Joint Strike Fighter, the supposed backbone of the Pentagon’s future air arsenal, could need additional years of work and billions of dollars in unplanned fixes, the Air Force and the Government Accountability Office revealed on Tuesday. Congressional testimony by Air Force and Navy leaders, plus a new report by the GAO, heaped bad news on a program that was already almost a decade late, hundreds of billions of dollars over its original budget and vexed by mismanagement, safety woes and rigged test results.
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More News On The US Government Auditor's Report On F-35 Cost Overruns
Pentagon Finalizing New Cost Estimate for F-35 Program -- Defense News
Lockheed F-35 Overruns Top $1 Billion, Government Auditor Finds -- Bloomberg Businessweek
Lockheed F-35 $1 billion over budget, government auditor says -- Business Weekly
U.S. government auditor slams F-35 cost overruns -- Ottawa Citizen/Postmedia News
Cost overruns, production delays mar aircraft production -- Washington Post
GAO warns The Hill again about F-35 problems -- Eric Palmer Blog
F-35 gets hearings in Congress; more politics in Canada -- Sky Talk
"No more money" for F-35 cost overruns: Pentagon -- Reuters
More cost growth would cut F-35 buy: Air Force -- Reuters
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