McCain: JSF Has Racked Up $771 Million In Overruns | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 06.22.17

Airborne 06.19.17

Airborne 06.20.17

Airborne 06.21.17

Airborne 06.22.17

Airborne 06.23.17

Airborne-Unmanned 06.20.17

Airborne-YouTube

AMA 06.22.17

Airborne 06.19.17

Airborne 06.20.17

Airborne 06.21.17

Airborne 06.22.17

Airborne 06.23.17

Airborne-Unmanned 06.20.17

XPONENTIAL Innovation Preview -- www.allthingsunmanned.com

Thu, Jul 14, 2011

McCain: JSF Has Racked Up $771 Million In Overruns

Number Given To Armed Services Panel Monday, Senator Informs Twitter Followers

Arizona Senator John McCain (R) issued a Tweet on Tuesday saying that Lockheed Martin overshot its cost targets for the early F-35 models by $771 million, and called the figure "outrageous."


Senator McCain

McCain continued that the Pentagon's attempt to appropriate $264 million as a "kind of down payment" on the overrun is "disgraceful."

Reuters reports that McCain has sought to put the 5th generation fighter program on probation in the past, saying it should not "drain resources" from other Pentagon modernization projects. He filed an amendment to the 2012 defense authorization bill that would end the program at the end of that year if the costs are not contained. That amendment died in committee, but McCain has said he plans to revive it as a floor amendment during debate.

At $382 billion for 2,442 aircraft, the JSF is the most expensive defence procurement program ever. The F-35 Joint Program Office reported the cost overrun figure to the Senate Armed Services Committee staff on Monday, saying it applied only to the first 28 jets.

FMI: www.jsf.mil, http://armed-services.senate.gov

Advertisement

More News

AMA Drone Report 06.22.17: FAA Reauthorization, Rotor Riot Int'l, DRL on ESPN

Also: Drones at Oshkosh!, Drone Regulatory Effort, AMA Drone Report-Help Wanted, Aero-TV: MultiGP Drone Racing The House of Representatives has published initial language to reauth>[...]

Airborne-Unmanned 06.20.17: UAS Orgs v Bad Regs, Anti-Collision, Drone Race $$

Also: Solar-Powered UAS, NK Drone, UAS Survey, Brian Wynne Interview The team at AUVSI is staying plenty busy as they and 13 other organizations authored a letter to members of Con>[...]

Airborne 06.23.17: Airbus 'Racer', RANS 'Fly To Work', Boater v Floatplane

Also: House ATC Bill, Golda Cox, Boeing Forecast, Concorde Battery, C-130J-SOF, SpiceJet, Flt School Closure Airbus Helicopters has unveiled their ‘Racer’ -- which stan>[...]

Aero-News: Quote of the Day (06.25.17)

“The airline market in Africa has been growing slowly but steadily as the industry is becoming more liberalized and the infrastructure to support the growth is being put in p>[...]

ANN's Daily Aero-Term (06.25.17): Control Sector

Control Sector An airspace area of defined horizontal and vertical dimensions for which a controller or group of controllers has air traffic control responsibility, normally within>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC