Perception, reality and the F-35

摘要

Lost amid reports of up to a 90% cost overrun for the F-35 programme is the curious fact that Lockheed Martin is so far delivering low-rate initial production aircraft under budget.rnSo, why is there a nearly 90%-and-widening cost estimate spread between the Department of Defense and Lockheed?rnThe reason is a new law that allows the DoD to set long-term budgets based on independent - and generally more conservative - cost assessments. So the F-35 cost overrun has been based on fresh assumptions, not on new facts.