Sunday, April 22, 2018

Is the F-35 Program Really Worth $1,500,000,000,000

Department of Defense

Sebastien Roblin, National Interest: Is the F-35 Really Worth the $1,500,000,000,000 Price Tag?

The F-35 Lightning II Joint Strike Fighter is estimated to be the most expensive weapons system in human history, based on its projected lifetime cost of $1.5 trillion dollars ($406 billion for the aircraft, the rest in lifetime operating costs)—and that’s before we factor in the endless cost overruns.

One could argue there is a certain logic to this. The United States spends greater sums on the military than any other country (though some spend a greater percentage of GDP), and it has emphasized air power as its chief military instrument in recent decades. Additionally, different variants of the F-35 are prepared to equip the Air Force, Navy and Marines through most of the twenty-first century, and the type is also slated to serve in the air forces or navies of Australia, Belgium, Denmark, Israel, Italy, Japan, the Netherlands, Norway, South Korea and Turkey—with more countries likely to join the list.

Read more ....

WNU Editor: A good review on the F-35 program. And yes .... this $1.5 trillion number is probably going to be higher in the years to come.

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