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Ciro Scotti, Fiscal Times: F-35 Total Costs Climb Past $1.5 Trillion — How High Will They Go?
Will it ever be clear what the F-35 Joint Strike Fighter – the most expensive weapons system in history – has cost American taxpayers?
On Monday, a Pentagon report to Congress predicted that the total cost of developing and producing 2,456 of the stealth jets, up from 2,443, may be as high as $406.5 billion.
As Bloomberg first reported, that possible 7 percent increase — $27.5 billion — in so-called acquisition costs comes after years of declining estimates. It also comes after President Trump’s much-ballyhooed jawboning of Lockheed Martin to bring down costs.
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WNU Editor: Bottom line .... no one has any idea on how much the F-35 program will eventually cost.
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