Dec. 5 DAB To Look At F/A-22 Cost Overrun

By Thomas Duffy / November 20, 2002 at 5:00 AM
Stating he was "not happy" to learn of a new, potentially $690 million cost overrun to the Air Force's multibillion dollar F/A-22 development program, the Pentagon's top acquisition official said today the Defense Acquisition Board will "look at the reality" of overrun estimates during a previously scheduled Dec. 5 meeting. Pete Aldridge, the under secretary of defense for acquisition, technology and logistics, told reporters today that if the figure is accurate, "one way to pay for it is to cut...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.