Friday, February 10, 2017

Italy's Defense-Industry Chief finally understands the F-35 ponzi scheme and he's pissed!

Thanks to Gerald for the link!

via Defense News.
Guido Crosetto, the head of Italian aerospace and defense industry association AIAD, said the U.S. “had not honored promises” made since Italy joined the program, hurting Italian firms as well as threatening the livelihood of Italy’s fledgling F-35 maintenance center.
In June 2002, Italy became a Level 2 JSF partner by committing to invest $1 billion in the program’s system development and demonstration stage.
Rome currently plans to buy 90 aircraft. In return, Italy was told its workshare would likely reach around 65 percent of its investment. “Today we are at less than 20 percent,” said Crosetto.
Crosetto, who was a government defense ministry undersecretary between 2008 and 2011, said if Italy falls behind on F-35 workshare, political consequences would follow.
“Back then, I staked my reputation in parliament by talking about the jobs and technology Italy would gain through choosing the F-35 program,” he said. “How easy will it be to defend these choices in parliament now?” 
Interesting. Seems like someone is not happy.

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