Ads
related to: f-35 cost overrun range extender
Search results
Results From The WOW.Com Content Network
According to the Government Accountability Office, F-35A cost has risen from $50m in 2002, via $69m in 2007 to $74m in 2010, all measured in 2002 dollars. [28] Canada reviewed their commitment to the project in December 2012, due to the cost overruns.
The F-35 was the product of the Joint Strike Fighter (JSF) program, which was the merger of various combat aircraft programs from the 1980s and 1990s. One progenitor program was the Defense Advanced Research Projects Agency (DARPA) Advanced Short Take-Off/Vertical Landing (ASTOVL) which ran from 1983 to 1994; ASTOVL aimed to develop a Harrier jump jet replacement for the U.S. Marine Corps ...
As for the F-35, costs for the Lockheed Martin-developed stealth jet have hit about $485 billion, after a 10% bump this year due to what the Pentagon said was a need to improve its engine cooling.
Because of cost-cutting measures, the U.S. Government asserts that the "flyaway" cost (including engines) has been dropping. The U.S. Government estimates that in 2020 an "F-35 will cost some $85m each, or less than half of the cost of the initial units delivered in 2009. Adjusted to today’s dollars, the 2020 price would be $75m each". [120]
Lockheed Martin is a year ahead of schedule with its plan to cut the cost of its F-35 A fighter jet variant to $80 million by 2020, the U.S. company said on Thursday. "We have beaten the goal by a ...
The F-35 costs an average of $82.5 million each for the F-35A variant being delivered in calendar years 2023, 2024 and 2025. ... delivered the first TR-3 configured aircraft to the customer and ...
While the General Dynamics F-16E/F Fighting Falcon costs $50 million per export copy, the F-35 is likely to cost between $110–130 million. [12] The exported F-35 versions will have the same configuration as the U.S. versions, according to Brigadier General David Heinz, program executive officer in 2009. [13]
Photo: U.S. Navy, via Wikimedia Commons. It's 70% over budget, and years behind schedule, but that hasn't stopped the Pentagon from estimating that it'll spend $392 billion for 2,443 F-35s over ...