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Monday, June 02, 2014
Is The F-35 Fighter Jet That Australia Is Buying Actually Worth It?
The US military’s F-35 Joint Strike Fighter aircraft is proving to be a pain in the neck in more ways than one. An expose from CBS News looks at the extent of the program’s many delays and cost over-runs.
Not only did the Pentagon spend almost $US400 billion to buy 2,400 aircraft — about twice as much as it cost to put a man on the moon — the F-35 program is 7 years behind schedule and $US163 billion over budget.
This at a time when cuts in the defence budget are forcing the Pentagon to shrink the size of the military. Australia is buying a total of 72 of the next-generation aircraft, with the most recent order of 58 F-35s projected to cost over $12 billion.
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