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By 2017, delays and cost overruns had pushed the F-35 program's expected acquisition costs to $406.5 billion, with total lifetime cost (i.e., to 2070) to $1.5 trillion in then-year dollars which also includes operations and maintenance.
The F-35 program has experienced a number of cost overruns and developmental delays. The program's delays have come under fire from the U.S. Congress and some U.S. Department of Defense officials. The program has undergone a number of reassessments and changes since 2006.
The GAO expects the F-35 program to cost about $2 trillion over its entire lifespan. ... Gilli acknowledged that the F-35 program has had well-documented cost and time overruns. But those problems ...
Retiring Defense Secretary Bob Gates has said that troop pay, benefits, and numbers may need to be cut to pay for the F-35 cost overruns. [ 37 ] While the 2012 defense department Selected Acquisition Report shows the USAF purchase of 60 to 80 aircraft per year from 2016 to 2030, the USAF's goals for total numbers of fighter aircraft could be ...
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. The short takeoff and landing "B" variant and the Navy's "C" variant ...
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 ...
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.
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