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Wednesday, May 27, 2009

JSF development will cost more and take longer to complete than reported to the Congress

F-35 Lightning IIJSF development will cost more and take longer to complete than reported to the Congress in April 2008, primarily because of contract cost overruns and extended time needed to complete flight testing.

DOD is also significantly increasing annual procurement rates and plans to buy some aircraft sooner than reported last year.

Total development costs are projected to increase between $2.4 billion and $7.4 billion and the schedule for completing system development extended from 1 to 3 years.

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