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It's a strange predicament for the modest jet that was supposed to be the cheap end of the military's high-low warplane mix of F-22s and F-35s. The Pentagon launched the F-35 Lightning II program a month after 9/11. Over the past eight years, the...

Author: /time Magazine | Title: The Costly F-35: The Saga of America's Next Fighter Jet | 3/25/2010 | See Source »

"In response to what I consider to be unacceptable delays and cost overruns over the past year, this department has taken a number of steps to fundamentally restructure this program," Gates told a House panel on Wednesday. "I have replaced the [F-35] program manager ... while withholding more than $600...

Author: /time Magazine | Title: The Costly F-35: The Saga of America's Next Fighter Jet | 3/25/2010 | See Source »

Unfortunately, that was last year's logic. Gates said on Wednesday that Pentagon officials had bamboozled him with "overly rosy forecasts" that were more thorn than flower. After burrowing into the F-35's cost and schedule, President Obama's Pentagon team - including Bush Administration holdover Gates - recently discovered deep...

Author: /time Magazine | Title: The Costly F-35: The Saga of America's Next Fighter Jet | 3/25/2010 | See Source »

The rush to build the F-35 has led to ever-changing blueprints, which has led to 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...

Author: /time Magazine | Title: The Costly F-35: The Saga of America's Next Fighter Jet | 3/25/2010 | See Source »

Yet 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...

Author: /time Magazine | Title: The Costly F-35: The Saga of America's Next Fighter Jet | 3/25/2010 | See Source »

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