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GAO Warns More F-35 Cost And Schedule Hiccups Likely

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By Emelie Rutherford Government auditors' latest assessment of the F-35 Joint Strike Fighter program warns additional cost growth and schedule extensions, beyond those recently unveiled, are likely. The Government Accountability Office's (GAO's) sixth annual F-35 report, released last Friday, reflects much but not all of the latest cost data emerging from the Pentagon on the effort to buy 2,443 jet fighters for the Air Force, Navy, and Marine Corps. The program's total procurement cost has risen to a much as…

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