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Yo_Mama_Been_Loggin

(107,739 posts)
Thu Apr 22, 2021, 08:55 PM Apr 2021

Pentagon Is Seen Short $7.1 Billion on What It Needs to Fly F-35

(Bloomberg) -- The U.S. military is confronting a projected $7.1 billion shortfall in the cost of operating its F-35 jets during the years the fighter will be flying at maximum capacity compared with current long-range budget forecasts, according to a draft audit by Congress’s watchdog agency.

The Air Force, Marines and Navy “collectively face annual multibillion-dollar gaps between the projected costs to sustain their respective F-35 fleets” starting in about 2036 and their “stated affordability goals,” Diana Maurer, a Government Accountability Office director, informed two House Armed Services subcommittees Thursday in previewing a draft report

As the F-35 built by Lockheed Martin Corp. has begun to surmount years of delays and escalating costs for development and production, attention has turned increasingly to the long-term price to maintain and operate the complex planes.

Maurers’s written testimony summarizes well-known current problems including flawed software and engine shortages while acknowledging some improvements in “mission-capable rates” for the planes. But it also puts a new focus on the long-term “sustainment” costs, an unresolved issue that Defense Secretary Lloyd Austin inherited from the Trump administration.

https://www.msn.com/en-us/money/markets/pentagon-is-seen-short-dollar71-billion-on-what-it-needs-to-fly-f-35/ar-BB1fW5dQ

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Pentagon Is Seen Short $7.1 Billion on What It Needs to Fly F-35 (Original Post) Yo_Mama_Been_Loggin Apr 2021 OP
Won't Bernie Sanders take care of this? brooklynite Apr 2021 #1
They have been throwing good money after bad on that thing for years. lpbk2713 Apr 2021 #2

lpbk2713

(42,736 posts)
2. They have been throwing good money after bad on that thing for years.
Thu Apr 22, 2021, 09:03 PM
Apr 2021


Congress should scrap it and count their losses.

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