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LRIP5 purchase may be smaller than wanted  (Source: Lockheed)
The Pentagon is asking for $151 million to cover cost overages

The F-35 is the most expensive acquisition program in the history of the U.S. armed forces. The overall price tag for the program is pegged at somewhere in the $380 billion range and the costs keep moving upward. The Pentagon is making moves to cut the costs of the program and that means that fewer aircraft will be purchased as a result.

The Pentagon has asked congress to approve a $151 million funding transfer to cover the increased development costs that were associated with the program before most of the new cost cutting measures were in place. The cost overruns were incurred with the first 31 of the aircraft to be built and purchased over the last five years. The aircraft were part of the first three low-rate initial production (LRIP) buys.

The Pentagon made the request for the funding transfer to Congress in a 91-page document dated June 30. The document stated, "If the reprogramming request is not approved, additional funding within the JSF program will be diverted to cover these costs." That diversion could result in fewer of the jets being purchased in the coming LRIP 5 contract.

The document also notes that the funding transfer of $151 million would cover additional costs to develop both the airframe and the propulsion system. Defense News points out that the cost increase came before the F-35 plan was restructured by former Defense Secretary Robert Gates.

The document presented to Congress also noted, "The JSF program is already working to cover most of the cost overruns internally."

The Pentagon expects to publish an updates cost estimate for the program this fall. While costs are still a concern for the F-35 Program things have been moving forward with flight tests being completed. This is despite some other issues with the program that have surfaced recently.

Earlier this month the F-35 fleet was grounded due to a failure of the aircraft's integrated power supply. The Pentagon is also pushing hard to further reduce the costs of the program and is seeking to cut the costs of subcontractors.

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RE: Summed up for me...
By Mudhen6 on 8/9/2011 2:35:39 PM , Rating: 2
When compared to past programs, such as LWF, FX, VFX or ATF - which produced the F-16, F-15, F-14 or F-22 that were significantly better than anything else in the world - the JSF program has been a total disaster from start to finish.

FTFY. If you're not gonna explain your acronyms, then don't use them. Thanks.

Calling the JSF program a disaster is also a bit sensationalist.

RE: Summed up for me...
By Amiga500 on 8/9/2011 5:07:58 PM , Rating: 2
Google is your friend.

With the program acronyms, you'll also learn more about the gestation of those programs and how they were designed to excel in specific areas, then evolved to multi-role (as well as retaining their core strengths).

Now, the JSF is trying to be everything to every service and failing to provide the performance all of them will need in the future.

To call it a disaster is an understatement. The most expensive program in US history that has produced f**k all but problems and even if it were to miraculously go 100% right from now on, would still only serve up an aircraft with marginally improved capabilities in some areas over, say, a Dassault Rafale (and also being noticeably worse in other areas).

I didn't realise you Americans were so happy to accept mediocrity.

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