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F-35 looking more like white elephant
 Defense officials say the original cost estimates have now doubled to make each plane's price tag reach some 92 million dollars.My. $92M would sure buy a bunch of UAVs, now wouldn't they. Private analysts say the whole F-35 program is becoming a money pit. I hope we didn't pay these geniuses for this analysis. "The incredibly unfortunate phrase 'too big to fail' applies to this aircraft more than any other defense program," said Richard Aboulafia, an aerospace industry analyst with the Teal Group. I'd say it's already a failure. "It's difficult to think of a civil or military program in the past decade that hasn't experienced similar delays and cost overruns." So those aren't just Oscar-winning well-practiced looks of astonishment then? Posted by: gorb 2011-01-14 |
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