The F-35 Fighter Plane Is Even More of a Mess Than You Thought

What a disaster! It will rack up hundreds of billions of wasted tax payers money, as flying junk.The economy is in ruins, cash liquidity is in free fall and no one says stop spending? Kill it?

By Pranav Dixit
1 June 2014

The US military's F-35 Joint Strike Fighter aircraft is proving to be a pain in the neck in more ways than one.

Not only did the Pentagon spend almost $400 billion to buy 2,400 aircraft—about twice as much as it cost to put a man on the moon—the F-35 program is 7 years behind schedule and $163 billion over budget. This at a time when cuts in the defense budget are forcing the Pentagon to shrink the size of the military.

CBS 60 Minutes took a closer look at the troubled fighter plane a few months back, but their rebroadcast tonight seems like as good a reason as any to revisit one of the biggest ongoing budget debacles in U.S. military memory. [CBS]

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