Defense Secretary to cancel orders of F-35 jet
Facebook
Todays Legal News
Dave
01/07/2011
Robert Gates, Secretary of Defense, will cancel the orders of F-35 jet as part of a wider plan to lessen the spending of Pentagon by $100 billion.
The cutting of orders will go over the next three to five years and Gates will discuss it to the Congress today. The five-year spending plan for the Defense Department, including another reorganization of the program of F-35 jet, is to pay costs for frequent delays in improvement and testing.
According to the analysts of the Defense, few information of the plan of Gates has came out, but he is generally expected to publicize cancellation of the Expeditionary Fighting Vehicle of the Marine that worth $13 billion.
This is another program for weapons beset by years of rising expenses and delays. Analysts also said that they also anticipate one or more other big-ticket programs for weapons to be targeted as part of the budget proposal in 2012 that President Obama will carry to Congress in February.
However, the Pentagon will expected to simply cut back on the quantity of F-35 jets that it had earlier planned to order from Lockheed Martin over few years ahead to compensate for continuous progress and testing.
Loren Thompson, the Lexington Institute's chief operating officer and the advisor to defense contractors, said that the commitment of Pentagon to the F-35 jets or also known as joint strike fighter has not reduced, but the Defense Secretary has to look for ways to compensate for the higher expenses and delays.
Thompson also said that the most possible result is to cut in terms of rate of acquisitions. On the other hand, Chris Hellman, the policy analyst at the National Priorities Project, stated that the crisis with the joint strike fighter is it is a program that cannot get away. Also, the Pentagon had settled to purchase 319 jet fighters between 2012 and 2015 in an aggressive manufacture increase meant to restrain expenses.
