DOD may trim total size of planned F-35 fleet to finance new modernization initiative

By Jason Sherman / September 9, 2022 at 1:49 PM
The Defense Department, which for 20 years has treated the acquisition objective for the F-35 Joint Strike Fighter as sacrosanct, is now contemplating curtailing future purchases to offset new fleet modernization initiatives, possibly signaling a new era where program cost growth will be borne by the project instead of budget topline increases. Air Force Secretary Frank Kendall said he believes the F-35 program -- the most expensive weapon system project in history with $164 billion in cost growth -- should...

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