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Friday, March 12, 2010

Overall cost for F-35 program jumps 40 percent

F-35 Lightning IIThe U.S. military’s new Joint Strike Fighter (JSF) program continues to struggle with increased costs and slowed progress, according to a congressional report released Thursday.

The JSF, also known as the F-35 Lightning II, is the Department of Defense’s (DOD) most costly and ambitious aircraft acquisition.

The program is seeking to simultaneously develop and field three aircraft variants for the Air Force, Navy, Marine Corps, and eight international partners.

The new F-35 will replace several current fighter aircraft and serve as the heart of future tactical air forces.

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