By Eric Pianin
July 10, 2015
For more than a dozen years, the Pentagon has steadfastly stood behind the F-35 Joint Strike Fighter program as the next generation of jet fighters for the Air Force, Navy, and Marines, despite nightmarish development problems and daunting cost overruns.
The overall cost of developing and purchasing the jets currently is projected at $400 billion, while operating and maintenance costs could boost the overall price tag to nearly $1.5 trillion in the coming years. Lockheed Martin has weathered a vast array of design problems, most recently concerns over software and its computer system’s vulnerability.[Full Article]