GAO Says F-35 Restructuring Muddies Program's Future

Law360, New York (March 20, 2012, 7:42 PM EDT) -- The U.S. Department of Defense's $400 billion F-35 joint strike fighter program is facing more delays, and the agency's efforts to right its course are further impeding oversight of the program, the U.S. Government Accountability Office reported Tuesday.

The total cost estimate for the fighter jet, the DOD's most expensive aircraft acquisition, has increased by $15 billion since June 2010, according to a GAO report. The agency has delayed full-rate production by five years, and the dates by which the jets will have operational capability are...
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