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

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.07.17

Airborne 12.08.17

Airborne-YouTube

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.07.17

Airborne 12.08.17

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

President Trump Signs Space Policy Directive 1

Instructs NASA To Refocus On Manned Space Exploration President Donald Trump is sending astronauts back to the Moon. The president Monday signed at the White House Space Policy Dir>[...]

AMA Drone Report 12.07.17: AMA Supports GoFly, ALPA v UAS, EU Drone Regs

Also: Drones Hunt Pythons, MI State Regs, Thanksgiving Drone Flying, Drone Collision Report A little outside our normal coverage responsibilities, nonetheless, we’re intrigue>[...]

Airborne 12.11.17: Pilatus PC-24 Cert, VerdeGo Aero, Canada Nixes Hornets

Also: Engine Coatings Facility, Wrong Runway At JFK, ATR 72-600 Flight Sim, Regional Airline Association Pilatus has obtained type certificates from the FAA and EASA for the first >[...]

Airborne-Unmanned 12.12.17: ERAU Storm Chaser, USMC Drone Insignia, Malawian UAV

Also: NLR Signs Agreement, QinetiQ, Big Bend Community College, 2nd Annual UAS Conference, Tigershark UAS Kicking off a series of tests for its capstone project, the UAV Storm Chas>[...]

Airborne-Unmanned 12.12.17: ERAU Storm Chaser, USMC Drone Insignia, Malawian UAV

Also: NLR Signs Agreement, QinetiQ, Big Bend Community College, 2nd Annual UAS Conference, Tigershark UAS Kicking off a series of tests for its capstone project, the UAV Storm Chas>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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