From News.com.au 13/12/16
THE controversial F-35 stealth fighter program, which Australia plans on investing $A24 billion into for more than 70 planes, has been slammed by US President-elect Donald Trump.
The Lockheed Martin-produced aircraft are a key component of defence forces in the US, Australia, Britain, Japan and other allies, but have been dogged by cost blowouts and other problems.
“The F-35 program and cost is out of control,” Mr Trump wrote on Twitter on Monday.
“Billions of dollars can and will be saved on military (and other) purchases after January 20th.” The program’s overall $US400 billion price tag has been dubbed the most expensive weapon system in history.
It is Australia’s largest ever defence purchase.
What is Trump up to!
He has put Boeing on notice with Air Force One and now LM. My take is he's saying the money bucket isn't as full as it once was.
The whole bottomless bucket view of the world was summed up for me in a comment in a Flight Global report on Air Force One.
The view of the reporter was that " Only $2.7 billion had been allocated for R&D on the new Air Force One through until 2021". ONLY $2.7 billion!
In 2016 adjusted $$, the current two aircraft, ordered in 1986, cost a total of $800 million, including support.
As an observer from afar, it appears to me that the whole US industry and those on the sidelines have lost touch with reality.
$2.7 billion on R&D...come on! To me, that program really needs a number cruncher to sit some folks down in a room and ask the question..."So tell me, exactly, how are you spending this money?"