F-35 program estimated to cost $1 trillion over 55 years
April 2, 2012
WASHINGTON, 2 April 2012. The Office of the Secretary of Defense issued the 2011 F-35 Selected Acquisition Report (SAR) to update Congress on the total cost estimates to develop, build, operate, upgrade, and maintain all aspects of the F-35 program and its military support infrastructure for the next 55 years. The total estimated cost, including adjustments for anticipated inflation, is $1.113 trillion.
WASHINGTON, 2 April 2012. The Office of the Secretary of Defense issued the 2011 F-35Selected Acquisition Report (SAR) to update Congress on the total cost estimates to develop, build, operate, upgrade, and maintain all aspects of the F-35 program and its military support infrastructure for the next 55 years. The total estimated cost, including adjustments for anticipated inflation, is $1.113 trillion.
“The cost projections estimated in the SAR are based on a number of variables that are subject to considerable fluctuation over the next 55 years, making the estimate inherently imprecise,” says a Lockheed Martin spokesperson. Read the aerospace and defense giant’s statement, as well as answers to questions about the F-35 aircraft, in the Avionics Executive topic center.
About the Author
Courtney Howard | Executive Editor
Courtney, as executive editor, enjoys writing about all things electronics and avionics in PennWell’s burgeoning Aerospace and Defense Group, which encompasses Military & Aerospace Electronics, Avionics Intelligence, the Avionics Europe conference, and much more. She’s also a self-proclaimed social-media maven, mil-aero nerd, and avid avionics geek. Connect with Courtney at [email protected], @coho on Twitter, and on LinkedIn.
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