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All programs covered in the annual selected acquisitions report state under their spending caps

The Pentagon and military leaders in the U.S. have been under intense pressure concerning the F-35 Lightning II program and how far over budget it has climbed over the years. With the past history of cost overruns, the Pentagon is now letting everyone know that costs for the program fell by $4.5 billion last year.

This is the first time in the F-35 Lightning II program that estimators have lowered the projected cost of the Pentagon's most expensive acquisition program. The annual Pentagon selected acquisitions report, which was published Thursday, is currently projecting the cost to develop and procure the F-35 Lightning II at a little more than $391 billion.

The F-35 Lightning II is one of 78 acquisition programs that was covered in the selected acquisitions report. It's worth noting that the F-35 Lightning II wasn't the only program able to stay under the spending cap covered in the program. The Pentagon undersecretary for acquisition, technology, and logistics, Frank Kendall noted that this was the "first time in my memory" that no program covered in the SAR went over the federal spending cap.

 

The F-35 Lightning II is broken down into two sub programs by the report including Lockheed Martin's portion of building the actual aircraft and Pratt & Whitney, the engine builder. $4.9 billion in savings actually came from Lockheed Martin, while Pratt & Whitney actually saw a cost increase of roughly $442 million due to development and procurement of the engines.
 
Currently, total flyaway costs the F-35A are $76.8 million with the Navy carrier-based version costing $88.7 million. The Marine Corps version, the F-35B, saw costs decline the most to $103.6 million per unit.

The entire F-35 Lightning II fleet had been grounded earlier this year when a crack was discovered in an engine component on one fighter. The aircraft were cleared to fly again in March.

Source: Defense News



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Are these things actually in service ANYWHERE?
By SAN-Man on 5/24/2013 9:39:20 AM , Rating: 3
I love fighter jets but haven't kept up. Is anyone actually flying these in service?




RE: Are these things actually in service ANYWHERE?
By BRB29 on 5/24/2013 10:07:36 AM , Rating: 3
It's not available for most squadrons. Only a few have received it and they're still working on flight manuals/procedures/tactics. It will be a while before it is mainstream.

But if you're asking if it's better? debatable
The F35 is meant to be more of an all-in-one than purpose built. It has the capability to do everything but not excel at anything.


By Spookster on 5/24/2013 5:55:27 PM , Rating: 3
Yes. In Battlefield 3.


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