GAO Warns F-35 Will See $1.7B Overrun, One-Year Slip

Credit: F-35: Lockheed Martin
The F-35’s development program will wrap up one year late in May 2018 and require $1.7 billion more than planned, according to a new report from the Government Accountability Office. A full-year delay poses a risk to the U.S. Navy’s timeline to declare initial operating capability (IOC) on its F-35C...

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