By Rebecca Kheel April 24, 2017 Delayed testing could add more than $1 billion to the cost of the F-35 fighter jet program, according to a government watchdog. In a report released Monday, the Government Accountability Office (GAO) recommended completing developmental testing before making “significant new investments” in the program. “Cascading F-35 testing delays could […]
By Kyle Jahner Law360, Washington (April 25, 2017, 4:05 PM EDT) — Testing delays for the software for the F-35 Joint Strike Fighter will tack on at least another five months and $1.7 billion to the price tag of a program no stranger to overruns and delays, a government report released Monday said, as the […]
By Aaron Gregg January 11, 2017 In his first press conference since winning the presidential election in November, Donald Trump again took aim at Lockheed Martin’s F-35 Joint Strike Fighter. His latest comments followed a tweet last month about the F-35’s “tremendous cost and cost overruns.” The president-elect said he had asked Boeing to “price out a comparable […]
By Aaron Gregg January 13, 2017 Emerging from a meeting with President-elect Donald Trump at Trump Tower in New York on Friday, Lockheed Martin chief executive Marillyn Hewson told reporters that the Bethesda, Md.-based defense giant is close to a new contract deal that would cut the cost of the F-35 Joint Strike Fighter program […]
January 18, 2017 The chairman of a key subcontractor in the F-35 program told Bloomberg News Tuesday that President-elect Donald Trump wants to reduce the cost of the project by at least 10 percent. “We’ve been told through Lockheed that the president has an ambition to reduce the cost of the aircraft by a material […]
By Tom Vanden Brook Jan. 27, 2017 Defense Secretary Jim Mattis has ordered the Pentagon to launch a review on how to save costs on the F-35 Joint Strike Fighter program, the Pentagon’s most costly weapons-buying effort in history. Mattis’ memo, sent on Thursday, also calls on the military to determine whether the F-18 fighter can […]
By Mandy Smithberger January 30, 2017 Following President Donald Trump’s announcement today that Lockheed Martin has cut $600 million from the F-35 program, Dan Grazier, the Jack Shanahan Fellow at POGO’s Straus Military Reform Project, said: “Although this appears to be a victory for those concerned about out-of-control costs of the F-35 program, these savings […]
by Valerie Insinna January 31, 2017 An update to the US Air Force’s 2017 wish list bumps its unfunded requirements to $10.6 billion, with the service seeking funding for more F-35s and a light attack aircraft experiment, among other new efforts. Congress has not passed a defense spending bill for 2017, opting instead to extend […]
By Ewen MacAskill Feb. 4, 2017 Britain is being forced to pour millions of pounds of new funds into the troubled F-35 stealth fighter programme being developed in America and considered a vital part of the UK’s future defences. The F-35, being built by the US in partnership with countries including the UK, is the […]
By David Swanson November 2, 2016 Imagine if a local business in your town invented a brand new tool that was intended to have an almost magical effect thousands of miles away. However, where the tool was kept and used locally became an area unsafe for children. Children who got near this tool tended to […]