Military And Intelligence News Briefs -- March 31, 2012


F-35 Total Costs Soar to $1.5 Trillion; Lockheed Defends Program -- Aol Defense

PENTAGON: Lockheed Martin scrambled today to explain the latest increases in the Joint Strike Fighter's costs, arguing that the three versions of the aircraft "will be comparable to or lower than that of the seven" older airplanes it will replace. Overall, the F-35 will cost an appreciably impressive $1.5 trillion over the 55 years it is expected to be flying, up from an estimated $1 trillion.

The latest numbers were released this afternoon as part of the Pentagon's authoritative Selected Acquisition Report. The overall value of the program comes from a Lockheed Martin statement.

Read more ....

MILITARY AND INTELLIGENCE NEWS BRIEFS

Slower procurement raises F-35 program costs $7B -- Eric Palmer Blog

Iraq seeks killer missiles, but U.S. wary
-- Avionics Intelligence

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