Tuesday, February 09, 2016

Death Spiral is here for the F-35...New plan calls for 37 fewer than planned!

via Star Telegraph
While the budget documents emphasize continued procurement of Lockheed Martin’s F-35 fighter jet, the rampup in purchases would be slowed a bit over the next five years. From fiscal 2017 through 2020, the Pentagon’s new five-year plan calls for buying 299 aircraft, 37 fewer than previously planned, with the major increase in orders not coming until the projected purchase of 105 fighter jets in fiscal 2021.
The proposed budget calls for 63 F-35s in fiscal 2017, down from 66 as earlier projected; 70 in 2018 instead of 88; 80 in 2019 versus 90; and 86 jets in 2020, down from 92, according to Pentagon figures obtained by Bloomberg News.
This is how death spirals start!

Read more here: http://www.star-telegram.com/news/business/article59299098.html#storylink=cpy

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