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GAO Expects ‘Elevated’ F-35 Concurrency Costs Into 2019

Defense Daily Staff Defense Daily Staff
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Redesign and modification costs in the development of the F-35 Joint Strike Fighter will remain “elevated” into 2019, the first year the Lockheed Martin [LMT]-built fighter jet is scheduled to go into full production, the Government Accountability Office (GAO) said in a report yesterday. The design and manufacturing changes on the aircraft will continue to add to the re-development costs--known as concurrency costs--which, resulting from testing, are already at least $373 million on production aircraft, the GAO report said. “The…

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