Time magazine has started a five part series on the cost of the F-35. This is from part 1 and the series should be an interesting read.
There’s been a rash of recent reports that the U.S. military has wrestled the F-35’s cost growth to the mat. They come from some heavy hitters: Defense Secretary Chuck Hagel, Air Force Lieut. General Christopher Bogdan, the F-35′s program manager, and the Pentagon’s latest Selected Acquisition Report. ………………………………….
In fact, Wheeler — a longtime military-cost analyst on Capitol Hill (where he toiled on both sides of the aisle) and the Government Accountability Office — says the plane’s $159 million purported per copy price in that latest Pentagon SAR — continues to rise, and is actually well north of that sum.
He promises to walk us as gently as he can through a forest of Pentagon data searching for the truth each day this week. We invite you to tag along.
How Much Does an F-35 Fighter Really Cost? | TIME.com