The World’s Costliest Weapons Program Just Got More Expensive
F-35 fighter cost raised by 6.5% to some $438 billion
F-35 also finishes long-delayed key simulation testing
By Anthony Capaccio
October 2, 2023 at 10:45 AM EDT
The world’s most expensive weapons program - the US’s F-35 fighter jet - got even more costly, according to the Pentagon.
The program to develop and procure the plane will cost a total of $438 billion, up $26 billion from the last estimate a year ago, according to the F-35’s new Selected Acquisition Report released Monday.
The 6.5% increase is actually relatively modest by the standards of the program, which originally was $233 billion when Lockheed Martin Corp. won the contract in 2001.
https://www.bloomberg.com/news/articles/2023-10-02/the-world-s-costliest-weapons-program-just-got-more-expensive?sref=IYQ5mP1s
