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Friday, May 20, 2011

US says joint strike fighter is unaffordable

F-35 Lightning IIThe Federal Government has denied a blowout in costs for the US-built F-35 joint strike fighter will affect Australia's mass purchase of the warplane.

The Government has placed a tentative order for 100 of the stealth aircraft to replace its ageing fleet of less capable F/A-18 Hornets and the now retired F-111 fighter-bomber.

But overnight a US senate committee heard the latest cost estimate - which has nearly doubled from initial targets - would make the fleet of warplanes unaffordable.

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