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SASC Lawmakers Call for Explanation, Correction of LRS-B Cost Estimate Discrepancies

Alissa Tabirian
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SASC Lawmakers Call for Explanation, Correction of LRS-B Cost Estimate Discrepancies
Sen. John McCain (R-Ariz.) Chairman, Senate Armed Services Committee

Senate Armed Services Committee Chairman John McCain (R-Ariz.) and Ranking Member Jack Reed (D-R.I.) last week sent a letter to Secretary of Defense Ashton Carter expressing concern over the Department of Defense’s (DoD) “unacceptable” errors in estimating the 10-year cost of the Air Force’s Long Range Strike Bomber (LRS-B) aircraft.The Air Force in its annual report last year projected the nuclear-capable bomber’s cost for fiscal years 2015 to 2025 at $33.1 billion, then spiked that to $58.4 billion this year…

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