The F-35 is the most expensive military project in the history of mankind. Thus far, it is $163b above budget and 7 years late. By the time the U.S. and its allies take possession of the last plane, which is scheduled for 2040, the project would have cost upwards of $1.5t.
Each plane will cost around $100m and the current price tag is upwards of $400b.
Welcome to the military industrial complex.
Trump called out $LMT for their insolence, in a public shaming this morning. Shares are sinking, as a result.
If you enjoy the content at iBankCoin, please follow us on TwitterThe F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20th.
— Donald J. Trump (@realDonaldTrump) December 12, 2016
I think they were wrong from jump street requesting a plane that does everything, a jack of all trades. It makes things bloated and more fragile.
F-35c … $330 million per copy doh !
That money should have been invested in drone technology.
i would think the left loves that kind of talk…although messing with someone’s government gravy train is dangerous.