Tuesday, June 4, 2013

What Is The Real Cost Of The F-35 Program

Photo courtesy of Lockheed

How Much Does an F-35 Fighter Really Cost? -- Mark Thompson, Battleland/Time

There’s been a rash of recent reports that the U.S. military has wrestled the F-35’s cost growth to the mat. They come from some heavy hitters: Defense Secretary Chuck Hagel, Air Force Lieut. General Christopher Bogdan, the F-35′s program manager, and the Pentagon’s latest Selected Acquisition Report.

That’s a good thing, if true: the $400 billion program is the most costly in the history of the world. Its price has jumped by nearly 70% since the Pentagon signed a deal to buy nearly 2,500 of the stealthy, single-engine, single-seat planes for the Air Force, Marines and Navy in 2001.

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My Comment:
I give it a few more years before we can accurately calculate what is the real cost of the F-35 program. And here is an easy prediction .... it is going to be more expensive than what they originally promised.

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