Matt Molnar
2008-03-13, 11:52 AM
Associated Press, via Yahoo:
Jet Fighter Costs to Hit $1 Trillion (http://biz.yahoo.com/ap/080311/jets_high_costs.html?.v=1)
Tuesday March 11, 6:44 pm ET
By Richard Lardner, Associated Press Writer
Cost of Buying, Flying Military's New Jet Fighter to Reach $1 Trillion, Audit Says
WASHINGTON (AP) -- The cost of buying and operating a new fleet of jet fighters for the U.S. military is nearing $1 trillion, according to a congressional audit that found the program dogged by delays, manufacturing inefficiencies and price increases.
Released Tuesday, the report from the Government Accountability Office offers a sobering assessment of the ambitious effort to deliver a modern series of aircraft known as the F-35 Lightning II to the Navy, Air Force and Marine Corps. [Full Article (http://biz.yahoo.com/ap/080311/jets_high_costs.html?.v=1)]
Jet Fighter Costs to Hit $1 Trillion (http://biz.yahoo.com/ap/080311/jets_high_costs.html?.v=1)
Tuesday March 11, 6:44 pm ET
By Richard Lardner, Associated Press Writer
Cost of Buying, Flying Military's New Jet Fighter to Reach $1 Trillion, Audit Says
WASHINGTON (AP) -- The cost of buying and operating a new fleet of jet fighters for the U.S. military is nearing $1 trillion, according to a congressional audit that found the program dogged by delays, manufacturing inefficiencies and price increases.
Released Tuesday, the report from the Government Accountability Office offers a sobering assessment of the ambitious effort to deliver a modern series of aircraft known as the F-35 Lightning II to the Navy, Air Force and Marine Corps. [Full Article (http://biz.yahoo.com/ap/080311/jets_high_costs.html?.v=1)]