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F-35 overrun sticks taxpayers, allies with $444 million tab


By TONY CAPACCIO | Bloomberg | Published: April 21, 2021
U.S. taxpayers and allied partners are absorbing a $444 million overrun on an upgrade for Lockheed Martin s F-35 that s key to increasing the power and memory of the fighter jet that s a flying computer.
The 63% overrun is on an initial $712 million contract awarded to Lockheed in December 2018 to develop and deliver redesigned hardware and software for the aircraft s cockpit computer. It was a task more complex than originally thought, the Government Accountability Office said in its latest annual program assessment that disclosed part of the increase.
The estimated program completion cost is now $1.28 billion, which includes $118 million of added tasks unrelated to the overrun. Delays driving the increase are due to the late completion of the final developmental hardware configuration, which is delaying software and system integration testing, Laura Seal, a spokeswoman for the Defense Department s F-35 p ....

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