Pentagon Report: F-35 Will Cost More Than Expected | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 10.31.14 ** HD iPad-Friendly -- Airborne 10.31.14 **
** Airborne 10.29.14 ** HD iPad-Friendly -- Airborne 10.29.14 **
** Airborne 10.27.14 ** HD iPad-Friendly -- Airborne 10.27.14 **

Tue, Oct 27, 2009

Pentagon Report: F-35 Will Cost More Than Expected

Lockheed Martin Disputes Report, Sees "No Substantial Delay"

Revised Pentagon estimates are that the F-35 Lightning Joint Strike Fighter will cost billions more than originally anticipated, and require more time to build, though prime contractor Lockheed Martin disputes those findings.

The online publication "InsideDefense.com" said a military "joint estimate team" found the F-35 program is "not markedly improving," according to a source who requested anonymity.

Lockheed Martin, along with principal subcontractors Northrop Grumman and BAE Systems, is developing three versions of the next-generation stealth fighter for use by all branches of the service, as well as for international customers.

Reuters reports that the story on "InsideDefense.com" indicated that the project could cost as much as $15 billion more than the original estimate, and take at least two additional years. Lockheed Martin says it disagrees with the conclusions presented by the joint estimate team.  "Lockheed Martin acknowledges that modest risks to our cost and schedule baselines exist," said John Kent, a company spokesman, "but we envision no scenario that would justify a substantial delay to completion of development or transition to production milestones."

Reuters reports that last month, Air Force Major General C.D. Moore said he is confident the program could meet all scheduled cost and production targets. Moore is the F-35 program's deputy executive officer.

FMI: www.lockheedmartin.com

Advertisement

More News

Airborne 10.29.14: Antares Launch Failure, GAMA Responds, Another 'Roadable'???

Also: Dragon Returns, Quadcopter Flown At Airliner?, Classic Aero-TV: Redhawk, Diesel Flt School Airplanes, WWII Bomber Found The unmanned Antares rocket built by Orbital Science C>[...]

Classic Aero-TV: ‘Have it Your Way!’ – The SPA Panther

A New Single-Seat SportPlane Shows Great Potential For Serious Fun While at the Sport Aviation Expo 2014, ANN CEO and Editor-In-Chief, Jim Campbell stopped by to talk with Dan Wese>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2014-21-07 PRODUCT: Certain Bombardier, Inc. Model CL-600-2C10 (Regional Jet Series 700, 701, & 702) airplanes, Model CL-600-2D24 (Regional Jet Series 900) airplanes>[...]

AD: Airbus Airplanes

AD NUMBER: 2014-21-10 PRODUCT: Certain Airbus Model A330-200 and -300 series airplanes, and Model A340-200 and -300 series airplanes.>[...]

ANN's Daily Aero-Linx (10.31.14)

Ex-MACs This group is made of retired McDonnell Engineers, most of whom began their careers at MAC either on the F101, F3H or F4H programs.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC