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Post by Mrblack0301 Tue May 01, 2012 7:21 am

On 11 March 2010, a report from the Government Accountability Office to United States Senate Committee on Armed Services projected the overall unit cost of an F-35A to be $112M in today's money.[61] In 2010, Pentagon officials disclosed that the F-35 program has exceeded its original cost estimates by more than 50 percent.[62] An internal Pentagon report critical of the JSF project states that "affordability is no longer embraced as a core pillar". On 24 March, Gates termed the recent cost overruns and delays as "unacceptable" in a testimony before the U.S. Congress. He characterized previous cost and schedule estimates for the project as "overly rosy". However, Gates insisted the F-35 would become "the backbone of U.S. air combat for the next generation" and informed the Congress that he had expanded the development period by an additional 13 months and budgeted $3 billion more for the testing program while slowing down production.[63] Lockheed Martin expects to reduce government cost estimates by 20%.[64]

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