Revised F-35 price tag now $416 billion; O&S cost estimate worsens from $1.1T to $1.2T

By Jason Sherman / September 23, 2022 at 6:32 PM
The estimated price tag for the F-35 Joint Strike Fighter program pierced the $400 billion mark in a new report to Congress, an upward revision that accounts for related funding previously not tallied in the acquisition cost and a reminder of how far the project has strayed from the original 2002 promise to deliver the stealth fleet for $199 billion. On Sept. 23, the Defense Department released the F-35 JSF Selected Acquisition Report for fiscal year 2021 that estimates the...

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