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Friday, October 03, 2014

‘Low’ F-35 price tag is too high

F-35C Lightning IIIt’s not yet clear exactly how much the Pentagon’s fancy new F-35 combat jet will cost or when any of these stealth fighters will become operational. But the F-35 already shows great promise in the tough competition to become the most expensive weapons program ever undertaken.

Because of the jet’s projected eye-popping price tag of up to $344.8 million each, we at Taxpayers for Common Sense have always kept an eye on the F-35. And we were appalled by a request from the Pentagon in early September to shift funds from the so-called Overseas Contingency Operations fund to accelerate the purchase of eight of these planes.

The contingency fund supplements the official military budget to cover direct warfighting costs. But since the F-35s aren’t operational yet, there’s no way for them to do any warfighting. Fortunately, the House Appropriations Committee nixed that particular budgetary sleight of hand.

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