Exclusive: DOD Warns Congress JSF Costs Could Climb To $388 Billion By Summer (Updated)

By Jason Sherman / April 6, 2010 at 5:00 AM
(Editor's note: This story has been updated to reflect comments from a Pentagon spokesman.) The Defense Department has told Congress the price tag for the Joint Strike Fighter program could rise as high as $388 billion by this summer, a recalibration that could raise fundamental questions about the affordability of the Pentagon's plans to buy 2,443 of the Lockheed Martin-built aircraft. In a report disclosed this week by InsideDefense.com , the Pentagon advised lawmakers that a new, statutorily mandated independent...

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