• Home
  • News
  • Safety
  • Learn More
  • Reference
  • Contact Us
  • Donate
  • Activism
  • EIS – Environmental Impact Statement
  • Adjutant General of VT News
  • Nuclear Threats
  • Vermont National Guard Scandals
  • Exposing Leahy’s Legacy of F-35 Lies and Corruption
February 15, 2016

Pentagon to cut purchase of F-35 jets

2. Cost To Our Country

By Zacks Equity Research
February 10, 2016

The U.S. Department of Defense has announced that it plans to purchase fewer F-35 fighter jets from Lockheed Martin Corp. (LMT – Analyst Report) over the next five years, than it had originally planned.

Pentagon’s Plans for the F-35 Jets

Importantly, the Pentagon was forced to cut approximately $4 billion from the F-35 program and other aircraft programs in fiscal 2017, and slash billions of dollars from other procurement accounts to meet the Congress budget deal.

The Pentagon remains committed to the F-35 Joint Strike Fighter program, worth $391 billion, which is the single largest weapons program. However, purchases for the program are expected to slow down a little over the next five years. The Pentagon’s next five-year plan, beginning fiscal 2017 through fiscal 2020, covers the purchase of 299 jets (down by 37 units from the previous expectation). However, the major spurt in orders is not expected to come until the projected purchase of 105 fighter jets in fiscal 2021.

[FULL ARTICLE]
AF plans to keep A-10s and buy fewer F-35s Thunder without Lightning: The high costs and limited benefits of the F-35

Related Posts

2. Cost To Our Country, 2. Political Corruption, 3. ITS EFFECT ON OUR COUNTRY, Local News, News, Safety

South Burlington doesn’t want to foot bill for F-35 noise mitigation

2. Cost To Our Country, 2. Political Corruption, 3. ITS EFFECT ON OUR COUNTRY, 4. Military-Industrial-Political Corruption, News

Deceptive Pentagon Math Tries to Obscure $100 Million+ Price Tag for F-35s

2. Cost To Our Country, 2. Political Corruption, 3. ITS EFFECT ON OUR COUNTRY, 4. Military-Industrial-Political Corruption, News

On military industrial complex, Sanders’ actions diverge from his rhetoric

Search

News by Category

  • All News
    • Local News
    • Out of State News
  • Cost To Our Country
  • Technological Disaster
  • Military-Industrial-Political Corruption
  • Adverse Health Impacts
  • Harm To Children
  • Vermont National Guard Scandals

Follow us on Twitter!

  • A whistleblower lawsuit accusing Pratt & Whitney of doctoring F-22 engine inspection reports just got a major boost… https://t.co/dSFUrzWIKk October 26, 2019
  • Betsy Cook: Let's see how Burlington, Vermont, handles F-35s first https://t.co/02uYxojHPF via @CapTimes… https://t.co/C7qEKsK3OP October 07, 2019
  • As Air Force mulls F-35s for Truax Field, will local opinion sway decision? https://t.co/SiDEYBqcYj via… https://t.co/ymNXw1ZVXf September 23, 2019
  • Documents Show F-35 Afterburner Use Will Be Higher Than Publicly Predicted https://t.co/28Va26joh4 via @vtdigger… https://t.co/kiaiOn9wTS August 30, 2019
  • The F-35's abysmal readiness rate raises questions about future of the Pentagon's most expensive weapons system… https://t.co/vboMfJI0b6 August 23, 2019
@f35intelligence

Categories

Archives

SOSVT Archives

    TO BE ADDED TO OUR EMAIL LIST