July 11, 2017 at 10:27 pm
There is always another $27 billion or so lying around, it seems, when Lockheed Martin needs more money for an expensive weapons system.
(COMMONDREAMS) — The nation’s most expensive weapons program isn’t done showing U.S. taxpayers how much it will ultimately cost them, with Bloomberg reporting Monday that the F-35 fighter jet budget is now predicted to jump by a cool $27 billion.
Though the estimated future cost of the program had previously hovered at a mind-boggling $379 billion, an updated draft that could be submitted to Congress as early as today will reportedly exceed $406 billion—a nearly 7 percent increase.
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The new cost increases may come as a hit to President Donald Trump, who has bragged about his ability to get weapons manufacturers to offer the Pentagon “better deals.”
Rob Garver, national correspondent for the Fiscal Times, made the point this way: