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F-35 is $17 billion over budget, so far

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The Pentagon’s Selected Acquisition Report on the F-35 Joint Strike Fighter was delivered to Congress yesterday, projecting a $17 billion hit on initial estimates. Last year the total production and acquisition costs of the programme increased 4.3% to $396 billion according to the report.Defense Secretary Leon Panetta underlined his commitment to the programme regardless of the cost implications."As part of the defence strategy that the United States went through and has put in place, we have ma...

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