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Search Tags: F-35
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.
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.
The Defense Department estimates its major acquisition programs are costing $1.6 trillion, slightly less than previously estimates.
The Pentagon on Friday grounded its fleet of F-35 fighter jets after discovering a cracked engine blade in one plane.
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.
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
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
The Air Force says the evaluations will set the standard for larger training programs for airmen and U.S. allies.
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.