New Estimates Peg the Lifetime Cost of Lockheed F-35 Lightning II at $1.45 Trillion
March 29, 2012 11:21 AM
comment(s) - last by
Analyst says three fourths of cost increases come from the way the U.S. government estimates costs
The cost of F-35 Lightning II fighter program continues spiral ever upwards. The United States is now projecting that the total cost to develop, operate, and purchase the Lockheed Martin F-35 will total $1.45 trillion over the next 50 years.
notes the figures come from a Pentagon report that it obtained.
The $1.45 trillion estimate is up from the
roughly $1 trillion estimate the government used a year ago
. The new estimate does include inflation expected over the next 50 years. Military officials are fast point out that this is the first military program to be calculated over so many years and that expected inflation accounts for more than a third of the projected operating costs for the F-35 over the next half-century. The actual cost could be significantly less, or if inflation hits hard the program could cost more.
The new estimates also include the Pentagon's plan to postpone orders for 179 F-35 fighters by five years. In the short term that move will save $15.1 billion through 2017, but it also pushes the purchase further out when inflation will mean the aircraft will cost more.
Other than saving money, military officials and program managers hope that the five-year
will mean problems found in testing can be worked out before aircraft are produced in high numbers. The total Pentagon plan still has the originally expected 2,443 fighters being purchased. However, senior military officials have already warned that additional technical problems or cost increases in the F-35 program could change the number of aircraft government purchases.
The estimated cost per F-35 is $135 million for the airframe, and an additional $22 million for the Pratt & Whitney engine (this includes R&D and inflation).
Program managers for the F-35 argue that much of the reason for cost inflation and price overruns on the project continues to be due to the U.S. government changing how it estimates costs. The government has also begun splitting up the cost of the airframe and engine making direct comparisons to previous aircraft impossible.
Defense analyst Loren Thompson says that three fourths of the cost increases the F-35 program has encountered are directly linked to changes in the scope of the program and the way the government estimates costs. Thompson cites the fact the Pentagon initially planned the station the F-35 at 33 bases and then later change the number 49 bases. The government also originally calculated operating costs over 30 years and then chose to calculate them over 50 years. Costs could increase even more if partner nations cut orders for the F-35.
"The program costs appear to be rising much faster than they actually are because the government keeps changing how it calculates things," Thompson said.
recently hinted that it might consider cutting its F-35 orders.
This article is over a month old, voting and posting comments is disabled
RE: So then
3/29/2012 12:54:38 PM
The VTOL/STOVL variant has crippled the other two.
It will also be an operational non-entity when considering its impact in any large scale conflict (i.e. payload/range will be so pathetic as to be nigh-on useless).
Oh and a general comment to Dailytech. I wouldn't use any paper that have Loren Thompson's opinions on them to wipe my arse. The man is a shill and a stupid one at that.
RE: So then
3/29/2012 4:03:32 PM
Yeah. They saw one problem - too many different planes for similar tasks driving up development and maintenance costs. They tried to fix it by consolidating the designs of multiple planes. But they went too far and now we have basically one plane trying to do too much, driving up development and operational costs because the aircraft is insufficiently optimized for any particular given role.
"If you look at the last five years, if you look at what major innovations have occurred in computing technology, every single one of them came from AMD. Not a single innovation came from Intel." -- AMD CEO Hector Ruiz in 2007
Report: Canada Considers Cutting F-35 Lightning II Orders
March 14, 2012, 1:53 PM
Report: DoD Could "Stretch Out" F-35 Lightning II Purchases
December 12, 2011, 12:20 PM
F-22 Upgrades Over Budget and Behind Schedule, F-35 May Cost $1T in Operating Costs
May 20, 2011, 10:17 AM
Quick Note: Drone Loses Fight to the Death With Kangaroo
December 23, 2014, 3:28 PM
Campbell's Monkeys Found to Use Different Dialects to Describe Local Threats
December 22, 2014, 3:52 PM
Scientist Confirm Men are More Likely to Die in "Idiotic" Ways
December 17, 2014, 1:07 PM
Shoppers Surprised to Find Cards Against Humanity's Bullsh*t is Real Feces
December 16, 2014, 11:14 PM
Air Force Worries Hot Fuel Could Harm F-35, "Proactively" Paints Trucks Shiny
December 11, 2014, 9:06 AM
McDonald's is Testing Tablet-Based Burger Customization at 30 Franchises
December 10, 2014, 11:30 AM
Most Popular Articles
Miyamoto: Nintendo is Prepping Successor to Troubled Wii U
December 22, 2014, 6:28 PM
Amazon's Kindle Fire HDX 8.9 Drops to $299 (30 Percent Off) for a Day
December 22, 2014, 10:57 AM
Android-Powered BLU Studio 7.0 Claims to be the "World's Largest Smartphone"
December 19, 2014, 2:40 PM
Airbus A350 XWB Passenger Jet Takes Off, First Unit Delivered to Qatar Airlines
December 22, 2014, 1:22 PM
Mississippi AG Drops Anti-Google Subpoena After Dirty MPAA Ties Are Revealed
December 22, 2014, 9:51 AM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information