Thursday, April 19, 2012

Congress Is Finally Responding To The F-35 Fighter Jet's Escalating Costs

F-35 fighter jets fly over Edwards Air Force Base. The cost per plane is about $161 million but it's expected to keep rising. (Darin Russell, Lockheed Martin / December 10, 2011)

F-35 Fighter Jet's Escalating Costs Are On Washington's Radar -- L.A. Times

The weapons program, whose price tag has nearly doubled to about $400 billion since 2001, is flying into a fierce budget battle in Congress. It's also taking flak from allies that are helping foot the bill.

The radar-evading F-35 fighter jet, a nearly $400-billion weapons program under development for more than a decade, is facing its worst turbulence since Washington decided to buy it in 2001 — when it was billed as the most affordable, lethal and survivable military aircraft ever built for the U.S. and its allies.

At a time when federal spending is under a microscope, the plan to develop and build 2,443 airplanes is hundreds of billions of dollars over budget. The F-35, known as the Joint Strike Fighter, has been delayed by glitches in its onboard computer systems, cracks in structural components and troubles with its electrical system.

Read more ....

My Comment: Congress is years late in responding to this disaster .... but .... at least they are finally responding.

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