Analysts: F-35 Development, Testing Costs Underestimated | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-

Airborne-Unmanned w/AUVSI-

Airborne Unlimited-

AMA Drone Report-

Airborne Unlimited-

Airborne On ANN

Airborne 07.16.18

Airborne-UnManned 07.17.18

Airborne 07.11.18

AMA Drone Report 07.12.18

Airborne 07.13.18


Airborne 07.16.18

Airborne-UnManned 07.17.18

Airborne 07.11.18

AMA Drone Report 07.12.18

Airborne 07.13.18

Sun, Nov 30, 2008

Analysts: F-35 Development, Testing Costs Underestimated

Independent Team Predicts An Extra Two Years... And $15B More

A defense trade publication reports that an independent team of Pentagon cost analysts said that previous estimates of time and money required for development and testing of the Lockheed Martin F-35 Lightning II are too conservative.

Based on experience with other aircraft development programs, the independent team concluded the F-35 will likely require two more years and $15 billion more than Pentagon in-house program managers have predicted, according to Inside The Air Force.

A statement from Lockheed, also describing the internal pentagon estimate as "overly conservative," acknowledged "budget challenges" but expressed confidence to "complete the program at a far lower cost than forecast" by the independent team, reports the Fort Worth Star-Telegram.

John Young, Defense Undersecretary for Acquisition, told Inside The Air Force the Pentagon's addition of $480 million to the F-35 testing budget for 2010 "is extremely prudent."

Young said Defense Secretary Robert Gates and Deputy Defense Secretary Gordon England have made an optimistic choice, hoping that the predictions of Lockheed and program managers will prove to be more accurate.

If not, the Obama administration will inherit the decision of whether to delay production and shift funds to the development budget or to appropriate money earmarked for other defense projects to the F-35.



More News

Airborne 07.16.18: Coast Guard Rescues, AEA $$Prizes$$, Commuter Craft

Also: Hartzell @OSH18, FreeFlight Systems, Kent State Alsims, Hackers Ripoff MQ-9 Reaper Info If you aren’t already in awe of the work of the US Coast Guard, you should be. T>[...]

One More Reason To Celebrate Oshkosh -- ANN To Select Best Sportplanes of 2018!

In An Age Clouded By Icon's Flim-Flammery, We Want To Suggest Companies/Planes We HONESTLY Believe You Should Trust As we have in year's past... ANN is dusting off one of our reade>[...]

Klyde Morris (07.16.18)

Klyde... There Ain't No Buck Rogers Without The Bucks! FMI:>[...]

Details About ANN’s NEW Social Media Program (SMP) For Oshkosh 2018!

ANN Pushes Aviation Media Further Into The 21st Century... ANN is radically updating its social media campaign for the upcoming 2018 Oshkosh AirVenture Fly-In. This is just the lat>[...]

ANN's Daily Aero-Term (07.16.18): Intermediate Fix

Intermediate Fix The fix that identifies the beginning of the intermediate approach segment of an instrument approach procedure. The fix is not normally identified on the instrumen>[...]

blog comments powered by Disqus





© 2007 - 2018 Web Development & Design by Pauli Systems, LC