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Footage has shown a British F-35B fighter jet failing to take off from the HMS Queen Elizabeth and dropping into the Mediterranean.

Often seen as one of the most expensive military aircraft ever made, the Lockheed Martin F-35 presently flies in the service of some 15 national air forces. And in the case of such an expensive machine spread over such a large area, maintaining proper service operations could prove a nightmare.

>> may she reign forever. kennedy: she will. she'll outlive us all by a thousand years. president obama taking on the defense industry after trump criticized boeing's high price tag of air force one. he's now asking the aerospace giant to come up with a better price for its state of the art fighter jet and pitting boeing against its main competitor, lockheed martin. the president-elect tweeting, quote: based on the tremendous cost and cost overruns of lockheed martin f-35, i have asked boeing to price out a comparable f-18 super hornet. you know, guy, when people talk about military waste an...

Conferences, this is the effect he wants. he completely stirred up the un resolution and maybe netanyahu did it as well. he and netanyahu teamed up to change the direction of middle east policy as an arab and egyptian sponsored resolution. they lobbied the egyptian leader and he backed down, not telling his ambassador to complete humiliation. they are furious and we don't know what's going to happen with that. >> less than a minute left. this wouldn't be the first time someone questioned an aircraft project and a pentagon program. we have seen a lot of hardware over the years. no one wanted an...

That's a company that's been under duress, and he's moving stocks, moved boeing and lockheed's stock to the downside. you know, the f-35, according to analysts, is so important to lockheed martin's revenue line, some analysts say in any given years a fifth -- kennedy: that's expensive. liz: so should the iron triangle be called the golden triangle instead down in washington, d.c.? i don't think there should be any -- i'm sorry, i keep saying i don't think. i think analysts on wall street are saying, yes, these guys have been a little bit oversold and that, you know, there's going to be more to...