Thursday, October 25, 2012

More misleading statements by LM on F-35 unit cost

It keeps coming up every now and then. The DOD F-35 project office even asked LockMart to stop public statements about F-35 unit costs that were insanely low that are now, at this juncture; fantasy.

He said labor costs were coming down faster on the F-35 program than any previous fighter jet program in over 40 years. Lockheed is on track to hit its target unit "flyaway" cost, excluding development, of $67 million in fiscal 2012 dollars by 2018, he added.

TR-2 hardware and Block 3 software has to actually work in a go-to-war configuration by that time.

Also, what is sad about this article is that a reporter that has been on the F-35 beat for a while, refuses to actively challenge such nonsense other than some occasional weak efforts. Not really reporting.

The alleged biggest buyer of the F-35, the USAF, has significant issues trying to afford the F-35. Note: R&D dollars not counted. It is doubtful that $67M will buy you even the roll-away price without a motor.

In the end, more evidence to log in the area of RICO statute and the Ponzi scheme Thana-marking fraud-like behavior associated with the marking of the Just So Farcical.