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Post-Procurement F-22 Upgrades Will Cost $12B, Report Says

Law360, New York (May 3, 2012, 8:12 PM EDT) -- As the U.S. Air Force wraps up its procurement of the ultramodern F-22 fighter jet, the military remains on the hook for $11.7 billion in upgrades scheduled to last until 2017, according to a U.S. Government Accountability Office report Wednesday.

The GAO released its report on the same day that Lockheed Martin Corp. delivered the 188th and final F-22 to the U.S. Department of Defense, which initially planned to buy 648 of the warplanes before shifting focus to Lockheed Martin's F-35, which it saw as more...
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