F-35 program estimated to cost $1 trillion over 55 years

WASHINGTON, 2 April 2012. The Office of the Secretary of Defense issued the 2011 F-35 Selected Acquisition Report (SAR) to update Congress on the total cost estimates to develop, build, operate, upgrade, and maintain all aspects of the F-35 program and its military support infrastructure for the next 55 years. The total estimated cost, including adjustments for anticipated inflation, is $1.113 trillion.
April 2, 2012
F-35
F-35
WASHINGTON, 2 April 2012. The Office of the Secretary of Defense issued the 2011 F-35Selected Acquisition Report (SAR) to update Congress on the total cost estimates to develop, build, operate, upgrade, and maintain all aspects of the F-35 program and its military support infrastructure for the next 55 years. The total estimated cost, including adjustments for anticipated inflation, is $1.113 trillion.

“The cost projections estimated in the SAR are based on a number of variables that are subject to considerable fluctuation over the next 55 years, making the estimate inherently imprecise,” says a Lockheed Martin spokesperson. Read the aerospace and defense giant’s statement, as well as answers to questions about the F-35 aircraft, in the Avionics Executive topic center.

About the Author

Courtney Howard

Courtney Howard

Executive Editor

Courtney, as executive editor, enjoys writing about all things electronics and avionics in PennWell’s burgeoning Aerospace and Defense Group, which encompasses Military & Aerospace Electronics, Avionics Intelligence, the Avionics Europe conference, and much more. She’s also a self-proclaimed social-media maven, mil-aero nerd, and avid avionics geek. Connect with Courtney at [email protected], @coho on Twitter, and on LinkedIn.

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