Lockheed Fighter’s Cost Forces Delay, Reduction
Lockheed Martin Corp.’s F-35 Joint Strike Fighter is projected to cost $5.1 billion, or 17%, more than budgeted, forcing a one-year delay and a cut in the number of planes produced, according to Pentagon documents.
Two years into the program, the cost of eveloping what is to be the main fighter plane for the U.S. Air Force, Navy and Marines has increased to $40.5 billion from about $35 billion, Comptroller Dov Zakheim said in a Dec. 22 Budget Decision Memorandum.
Well, this will not really increase the chances of the Swiss AF procuring the JSF. A bit more on the price tag and even more important: a one year delay…. If the evaluation process is started in 2005, this doesn’t look good for the JSF.
It looks more and more like a European successor for the F-5 E/F
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January 7, 2004 at 9:21 am