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Thursday, March 24, 2011

JSF Cost Predictions Rattle Foreign Customers

F-35 Lightning IICustomers for Lockheed-Martin’s stealthy F-35 Joint Strike Fighter—among them Canada, Israel, Britain and Australia—are shifting their mood from anxiety to paranoia over increasingly unpredictable costs.

Foreign analysts now expect JSF prices to significantly exceed even the latest Pentagon estimate, putting government officials in fiscal and political jeopardy as they try to craft a rational purchase plan for the fifth-generation warplane.

Adding new concern was congressional testimony by Lt. Gen. Mark Shackleford, military deputy to the assistant secretary of the Air Force for acquisitons, who says that ”we currently expect up to a two-year delay” in fielding the first operational unit, which shifts the date to 2018. The delay is being triggered by the most recent program restructuring.

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