F-35 News Updates -- March 24, 2010



Gates: Lopsided F-35 Costs "Drove Me Nuts" -- Reuters

* Gov't paid 70 pct overhead, project used 6 pct of plant.

* Pentagon declines to name the contractor involved

* Gates not referring to a Lockheed Martin plant (Adds Gates veto threat over second engine, C-17)

WASHINGTON, March 24 (Reuters) - U.S. Defense Secretary Robert Gates said he was driven "nuts" by the revelation that taxpayers were funding 70 percent of the overhead at a plant involved in the increasingly expensive F-35 fighter jet, even though the work used only 6 percent of the floor space.

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