Saturday, August 24, 2013

Pentagon cuts F-35 operating estimate below $1 trillion: source - Yahoo! News

Pentagon cuts F-35 operating estimate below $1 trillion: source - Yahoo! News: WASHINGTON (Reuters) - The U.S. government has slashed its estimate for the long-term operating costs of Lockheed Martin Corp F-35 fighter jets by more than 20 percent to under $1 trillion, according to a senior defense official, a move that could boost international support for the program.

The Pentagon has been under pressure for over a year to revise its estimate of maintaining a fleet of more than 2,000 F-35s over 55 years, with industry and military officials arguing that many of the assumptions were outdated and off base.

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