• While any reduction in costs for the most expensive weapons program in history is an improvement, all is not as it appears in the industry trade press. A quick perusal of publicly available Pentagon budget documents shows the real cost of the F-35 to be above $100 million per copy for the fiscal year 2020 buy. Given the work that remains, and the way the Pentagon has surrendered many key responsibilities to the manufacturer, the price is likely to be at least that amount or higher for the foreseeable future.

    Congress shouldn’t buy these phony cost projections and compound the program’s problems, based on a phony buy-in price by buying more F-35s before testing is complete.

    #militaryspending #f35 #lockheedmartin #weaponssales #pogo
    While any reduction in costs for the most expensive weapons program in history is an improvement, all is not as it appears in the industry trade press. A quick perusal of publicly available Pentagon budget documents shows the real cost of the F-35 to be above $100 million per copy for the fiscal year 2020 buy. Given the work that remains, and the way the Pentagon has surrendered many key responsibilities to the manufacturer, the price is likely to be at least that amount or higher for the foreseeable future. Congress shouldn’t buy these phony cost projections and compound the program’s problems, based on a phony buy-in price by buying more F-35s before testing is complete. #militaryspending #f35 #lockheedmartin #weaponssales #pogo
    Deceptive Pentagon Math Tries to Obscure $100 Million+ Price Tag for F-35s
    How much does an F-35 really cost? A lot more than the Pentagon or Lockheed Martin want you to know.
    WWW.POGO.ORG
    7
    2 Comments 0 Shares
  • The not-so-new F-35! Complete with parts that have been purchased by the United States Pentagon in duplicate (sometimes triplicate) at an enormous markup, fully equipped with guns that do not shoot straight, and an embarrassingly low fully-mission-capable rating, this imprecise, overpriced aircraft could be your next wasteful purchase!

    This extremely deficient sales pitch is precisely the reason that POGO continues to press Congress to hold the Pentagon accountable for its underperforming and wasteful F-35 project. You already know that this is the most expensive weapons system in history—but we recently found out that the Pentagon could not account for at least 3.4 million F-35-related items, valued at approximately $2.1 billion.

    #MilitarySpending #F35 #PeakCorruption #WarProfieers #LockheedMartin
    The not-so-new F-35! Complete with parts that have been purchased by the United States Pentagon in duplicate (sometimes triplicate) at an enormous markup, fully equipped with guns that do not shoot straight, and an embarrassingly low fully-mission-capable rating, this imprecise, overpriced aircraft could be your next wasteful purchase! This extremely deficient sales pitch is precisely the reason that POGO continues to press Congress to hold the Pentagon accountable for its underperforming and wasteful F-35 project. You already know that this is the most expensive weapons system in history—but we recently found out that the Pentagon could not account for at least 3.4 million F-35-related items, valued at approximately $2.1 billion. #MilitarySpending #F35 #PeakCorruption #WarProfieers #LockheedMartin
    7
    1 Comments 2 Shares

No results to show

No results to show

No results to show

No results to show

No results to show