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Costliest defense program in history faces further problems, delays

A new Government Accountability report finds that the DoD will have to spend $12 billion annually over the next 22 years on the F-35 program. Rob Levinson, Bloomberg Government senior defense analyst, explains the impact.

Tags: DoD , GAO audit , Federal Drive , Rob Levinson , Bloomberg Government

Wednesday - 03/26/2014, 11:47am EDT

Rob Levinson, Senior Defense Analyst, Bloomberg Government

The most expensive defense program ever, the F-35 fighter plane, is running into more problems. The Government Accountability Office says software delays could force the Marine Corps to push back its roll out scheduled for next year. What's more, the auditors say the Defense Department will have to spend more than $12 billion annually on the program for the next 22 years. For more on the future of the F-35 program, Federal Drive host Emily Kopp spoke to Rob Levinson, a senior defense analyst for Bloomberg Government. Read our related story.

Tags: Rob Levinson , Bloomberg Government , GAO , DoD , Marine Corps , Federal Drive

Wednesday - 03/26/2014, 01:49pm EDT
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F-35 cost estimates increase in defense acquisition cost report

The Defense Department estimates its major acquisition programs are costing $1.6 trillion, slightly less than previously estimates.

Tags: DoD , acquisition , contracting , SAR , financial management , DoD Report

Monday - 04/02/2012, 03:32pm EDT

F-35 fleet grounded after engine crack found

The Pentagon on Friday grounded its fleet of F-35 fighter jets after discovering a cracked engine blade in one plane.

Tags: DoD , Northrop Grumman , industry

Saturday - 02/23/2013, 12:48pm EST

Players in budget war game plot $500B in Defense cuts

This past summer, defense experts gathered into teams to map out how to cut DoD's budget by a half trillion dollars over 10 years. The results from the game provide some guidance on ways to make the cut happen in real life based on strategic choices, the organizers say.

Tags: DoD , sequestration , budget , DoD budget , Center for Strategic & Budgetary Assessments , DoD civlian workforce , Todd Harrison , Mark Gunzinger , Jared Serbu

Wednesday - 11/28/2012, 12:17pm EST
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Federal Drive Interviews -- Jan. 14, 2013

Martin Libicki of Rand Corp talks about managing cyber attacks. Kevin Brancato of Bloomberg Government discusses the Canada's decision to pass on the F-35. John Templeton of BlackMoney.com talks about being an African American in IT. Belva Martin of GAO discusses the new network communications strategy.

Tags: Martin Libicki , Air Force , cybersecurity , Cybersecurity Update , Rand Corp , Kevin Brancato , Canada , DoD , DoD Report , Lockheed Martin , John Templeton , Black Money , Belva Martin , GAO , Army , information technology , Federal Drive

Monday - 01/14/2013, 09:05am EST

Continuing resolution, Harriers, Israeli technology & prescription drug shortages

On this week's Bloomberg Government Capital Impact show, analysts will talk about what's next for sequestration, options for repairing the Harrier jet, technology that Israel could use to respond to the Iranian nuclear threat, and why certain medications may be in short supply.
October 4, 2012

Tags: acquisition , continuing resolution , sequestration , Harrier AV-8B , Marine Corps , Afghanistan , Iran , nuclear weapons , atom bomb , Medicare , Grey Market , Allen Scott , Rob Levinson , Kevin Brancato , Christine Ryan , Michael Oren , Brian Rye , Bloomberg Government , Capital Impact

Thursday - 10/04/2012, 06:07pm EDT
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Air Force begins evaluating F-35-A joint strike fighter

The Air Force says the evaluations will set the standard for larger training programs for airmen and U.S. allies.

Tags: DoD , DoD Report , Air Force ,

Wednesday - 09/12/2012, 09:00am EDT

Arizona's Luke Air Force Base gets F-35 mission

The Department of Defense has chosen Luke Air Force Base in Glendale for the new pilot training center for the F-35 fighter jets, city officials announced Wednesday.

Tags: DoD , F-16 , Luke Air Force Base , Air Force , DoD Report

Wednesday - 08/01/2012, 08:47pm EDT
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