Word: billioned
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Lightning II program a month after 9/11. Over the past eight years, the price-per-plane has doubled - from $69 million to as much as $135 million - even as none of the 2,443 on-order planes have been delivered. The program's cost has soared from $197 billion to as much as $329 billion. Plans to profit from prospective sales of more than 700 of the single-engine, single-seat fighters to eight allied nations are beginning to look like wishful thinking. (See why Robert Gates killed...
...slowdowns on the production line, which has delayed flight testing. How bad is it? Last year, engineers expected to churn out 200 changes - a month! - to the F-35's design, but actually generated about 500. Even after Gates' restructuring, taxpayers could spend close to $60 billion on more than 300 F-35s before flight testing is finished, meaning costly modifications will be required...
...even as lawmakers were fretting on Wednesday that the F-35's troubles spelled risk to U.S. security, Gates urged them to keep cool. He said he had expanded the development period by an additional 13 months and thrown in nearly $3 billion more for the testing program (which completed only 16 of 168 flights slated for 2009). He also slowed production of the plane. Gates insisted that while the program's management had been poor, its technology was sound. "It will become," he said, "the backbone of U.S. air combat for the next generation...
According to its most recent report, HMC decreased capital commitments by $3 billion and restructured the policy portfolio to include a positive cash position starting in fiscal year...
...take any honest work, like sweeping the streets, to support herself and her 6-year-old daughter. And securing jobs for the hundreds of thousands of unemployed is a long-term goal for the Clinton Bush Haiti Fund. But St. Leger is skeptical when asked about the estimated $2.2 billion reportedly spent in postearthquake Haiti - with about $780 million spent by USAID and Department of Defense humanitarian aid. "If they've spent billions of dollars," she says, "I haven't seen it. We are living here day to day. We are bathing in dirt when it rains...