Read the whole thing (personally I'm envious of the approach being taken in the UK, they're acting like adults...there is a problem and they're working to solve it) but the F-35 and other necessary defense programs appear safe...at least for now.In last month's budget Osborne said cuts would not average more than 25%
The treasury has demanded the "illustrative plans" for cuts of 25% and 40% must be submitted by Cabinet Ministers by the end of the month.
It is the latest step in preparing for what is set to be the toughest spending review since the Second World War.
However, as outlined in the Chancellor's emergency budget last month, health and international aid will continue to receive small increases in their budgets.
Mr Osborne also said education and defence budgets would be "protected".But the independent Institute for Fiscal Studies estimated that this could leave other departments facing cuts of 33%.
Officials stressed what was being prepared was "initial planning assumptions" and that the cuts on that scale would not actually be implemented in the final settlements in the autumn.
Update:
Jed is calling bogus my claims that the MoD was never offered the source code to the F-35 at the beginning of the program and that when they asked for it years later, it was a change to the agreement.
Anyone know where I can get a syllabus to the F-35 development?