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F/A-22 cost falls to LCS levels.



 
 
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Old March 24th 04, 04:45 AM
Henry J Cobb
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Default F/A-22 cost falls to LCS levels.

http://www.reuters.com/locales/newsA...toryID=4638813
The U.S. Air Force has agreed to buy 22 more F/A-22 fighter jets from
Lockheed Martin Corp. for less than $110 million per plane, Air Force
acquisition chief Marvin Sambur told Reuters on Tuesday.


Looks like I was wrong and they've managed to get the F/A-22 costs under
control after all.

But Keith Ashdown of Taxpayers for Common Sense, said the Air Force
was being "hopelessly optimistic" about the costs of the program,
noting the General Accounting Office just this month predicted total
program costs could reach $80 billion.


-HJC

 




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