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.

1 comment:

Anonymous said...

There also needs to be a disclaimer on official cost statements:

eg, "The following advertised Flyaway Unit Costs are the 'Basic Flyaway' estimates and not the 'Total Flyaway' estimate. Moreover, all cost estimates are based on the expected Total production of at least 3,000 units and FRP production rates later this decade to begin delivering nearly 1 jet per business day."