It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

F-35 $1.51 trillion 1/3 Expected in Inflation

page: 1
1

log in

join
share:

posted on Mar, 30 2012 @ 10:12 PM
link   
F-35 $1.51 trillion 1/3 Expected in Inflation

Just caught this having an interest in aviation and what may or may not be at this years air show that I attend., In an optimistic mood I thought I'd check out the latest development of the F-35 Lighting II and read this on the Lockheed Martin website.

www.f35.com...




March 30, 2012 - As recently reported, the Office of the Secretary of Defense issued the 2011 F-35 Selected Acquisition Report (SAR) to Congress, which updated the total cost estimate to develop, build, operate, upgrade and maintain all aspects of the F-35 program and its military support infrastructure for the next 55 years. Lockheed Martin remains confident that F-35 operations and support costs will be comparable to or lower than that of the seven legacy platforms that it will replace and our statement on the Selected Acquisition Report may be found below, including answers to frequently asked questions.

Today, the Office of the Secretary of Defense issued to Congress the 2011 F-35 Selected Acquisition Report (SAR). It included estimates of the total cost to develop, build, operate, upgrade and maintain all aspects of the F-35 program and its military support infrastructure for the next 55 years. The total estimated costs, including adjustments for anticipated inflation—which represent more than one-third of the total—is $1.51 trillion.


* My Take
* I am not a U.S taxpayer.

I understand that this is a projected look at the total cost for the program and is over a very long time 55 years in fact. However it does seem that in our modern world we are just getting a little too used to seeing these sorts of numbers in our everyday lives. I honestly remember a time when I was young and thought a trillion was just a daft made up number. Now it's being associated with a fleet of USAF asset's.

I would try and get into whether it's money well spent but I'm afraid I really couldn't answer as I'm certainly no expert on these matter's. What I do I know is that anybody who does know anything about defence contracts will understand that projects rarely come in on or under budget, so what the actual cost will be is really anybody's guess. To put it simply I find the figure simply astounding 55 years or not.

And just when taking in the cost I read that $500billion has been set aside as expected with inflation .The World could be dramatical different place in 55 years even in 5 but this just seems a very pragmatic glimpse at future economics. It's a third of the total cost!

I will admit there's no real conspiracy here other than why my air-show tickets go up each year.... but it shocked me and thought it may do one or two of you.

* Mods I've searched for this topic.

***MOD EDIT***
Not an Introduction Thread
*Closing Thread*


The Introduction Forum is for introductions To tell something about you; not to start a thread about a topic.“Intro threads” that are really “topic threads” will be removed.
Welcome to ATS, it’s time to introduce yourself.



You have posted what could be a very interesting topic in the "Introductions thread". This area is solely for introducing yourself (as you can see by browsing through other Introduction threads by new members). We apologize for this inconvenience, but its a necessity for a website as large as ours. After you have managed to get 20 posts under your belt, you can then start your own threads in their appropriate areas.

Strict code's like this are in place to help keep the machine 'running smoothly'. One of these policies is that members need to post their thoughts in the appropriate areas. I'm sure you'll understand the necessity for us having rules like this. It helps keep all the great threads and topics in their perspective areas of interest and not all lumped together, making it difficult to find when wanting to make additional comments.

With that said, I'm going to have to close this thread as it does not comply with the above stated rules. After you have managed to get 20 posts under your belt, start your own thread in one of the appropriate areas as we'd love to hear about your experience.

Thread closed, you can contact me by a private message for more information if needed after you have read the links provided above and in the final post below. Or you can also contact staff by alerting them here Complaints and Suggestions

edit on 3/30/2012 by JohnnyAnonymous because: (no reason given)




posted on Mar, 30 2012 @ 11:11 PM
link   
 
Congratulations, you've joined the world's largest and civil alternative topics discussion community! We understand that with rules, policies and just the shear size of the website, it can be quite overwhelming. So we've created a presentation tour with just you in mind.
 

Welcome Skippy_dhc


 
For now you can reply to any thread in any forum you wish. Once you have achieved the minimum of 20 post replies, you will be able to create your own threads in their appropriate areas & additionally be able to send and receive messages to fellow ATS members. Private Messages can be sent to Staff only, (but after the 20 post minimum, you'll have full access).

Be sure to try out our Ask ATS with the "search words" of your choice. I'm sure you will find many threads to pick from to add your thoughts and opinions too. We encourage everyone to please contribute to existing threads rather than start a new one. This will also help guarantee that your thread won't end up as a duplicate located elsewhere. The ATS Search feature is your friend!
Speaking of "Search", to save yourself a lot of searching and even possible future heartache & frustration, please review the below.

Here are some handy links to get you oriented into now becoming a valued member of ATS.

Reaffirming ATS Policies ( Please Read First )

Terms & Conditions Of Use (Please read second)

Visit here next - ATS Freshmans Forum

Index of Important ATS Related Threads

Starting a New Thread ?... Look Here First

Hey New Members!! Come here if you need advice

Easy Way to Upload Your Pics & Avatar Graphics

Rules for Avatars and Mini-Profile Background images

Avatar and Signature Guidelines

 

AboveTopSecret is much like a theme park with many, many rides, with that said...
Here's a few thoughts before getting onto any one of the 1000's of topical rides at Above Top Secret, also known as ATS, the world's largest Civil & Unique Discussion Community.

*** Please be at least this tall to get on any of the rides, (Johnny stretches his arm outward), and act like an 'civil' adult. This will save you a lot of future stress, frustration and possible action by one of your friendly neighborhood Mods!

*** Please remember that some members are very passionate and vocal depending on what ride your on. Before getting on a ride, you should be mentally fit, emotionally stable and have a strong stomach for theories, conjecture, research and evidence presented that may be contrary to your own.

*** Please be "open-minded" enough to understand that sometimes the ride isn't always what you might think or expect. At times, you may learn something new and 'out-of-the-box' before you get off the ride, this is a natural and normal phenomena.

*** Please note that at times the ride gets overly-heated and "it's strongly suggested" to get off the ride to regroup one's thoughts before continuing. This will also help guarantee that the ride will move forward without getting derailed or explode into a fiery trashbin.

*** Please have fun! Be aware if you act in an uncivil-like manner, use profanity, intentionally spread a hoax and/or get verbally abusive, you will be removed off the ride by a Moderator. This is for your safety, & also for those both young and old on the ride with you.

So buckle up, keep your arms within the ride's comfort zone, have fun and "Deny Ignorance"...!





new topics
 
1

log in

join