The cost of the F-35 Joint Strike Fighter rose to $395.7 billion last year as the most expensive program in the Pentagon’s history continues to struggle with cost overruns and delays. The Pentagon yesterday submitted to Congress its Selected Acquisition Report (SAR) that outlined new data on the program’s performance and anticipated costs. The Pentagon attributed the increase to inflation, a slowed production ramp rate and fewer international sales. The revised figure assumes the Pentagon will stick with plans to…
F-35 Costs Rose Last Year
Defense Daily Staff
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