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Congressional Appropriators Cite ‘Multiple Factors’ in $1.8 Billion Add for F-35 Contract Shortage

Frank Wolfe Frank Wolfe
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Congressional Appropriators Cite ‘Multiple Factors’ in $1.8 Billion Add for F-35 Contract Shortage
Two U.S. Air Force F-35A Lightning II aircraft assigned to the Vermont Air National Guard’s 158th Fighter Wing and a KC-135 Stratotanker aircraft, assigned to the 92nd Air Refueling Wing, conduct a low approach flight above Vilnius, Lithuania on June 16 (U.S. Air Force Photo)

Legislators on the fiscal 2023 House-Senate defense appropriations conference said that the budgeted amount for Lockheed Martin [LMT] F-35 fighters in Lots 15-17 was significantly short of the mark and added more than $1.8 billion to ensure that the 230 F-35s planned for the U.S. Air Force, Marine Corps, and Navy in those lots does not fall by 19. "Due to multiple factors, the cost of this contract exceeds available and requested funds by $1,825,600,000 once all relevant factors are…

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