Lockheed F-35 Fighter News
Donald Trump: I've Asked Boeing to Price a Lockheed F -35 Competitor
President-elect Donald Trump has taken to Twitter again to express his displeasure about the price tag of an aircraft. "Based on the tremendous cost and cost overruns of the Lockheed Martin F-35, I have asked Boeing to price-out a comparable F-18 Super Hornet!" he tweeted Thursday. Based on the
The Note: Trump Goes Nuclear
NOTABLES --TRUMP -- U.S. 'MUST GREATLY STRENGTHEN' NUCLEAR CAPABILITIES. President-elect Donald Trump tweeted Thursday that the U.S. "must greatly strengthen and expand" its nuclear capabilities without offering immediate context to what prompted the declaration, writes ABC’s ALEXANDER MALLIN.
US Uses $400M F-22 Raptor Jets in Syria Despite Not Needing Them
For years they were the highly-advanced aircraft without a mission, decried by critics as having been built from more than $80 billion in taxpayer dollars for an enemy that doesn’t exist. But now, more than a decade after the first jets went operational, the next-generation stealth F-22 Raptors are
Military: Don’t Worry If F -35 , Most Expensive Fighter Jet Ever, Can’t Dogfight Well
The makers of one of the most expensive weapons programs in history went on the defensive today, saying a recent report on the F-35 fighter jet’s failures in old-school dogfighting against a decades-old, much cheaper legacy fighter “does not tell the whole story.” The report in question, posted on
Obama Set Goals Too High for Gulf Rebalance, Experts Say
The Obama administration is likely to fall far short of the lofty goals it set for itself at Thursday’s summit with Gulf leaders, several experts on the region said. While the White House has framed the seven-nation meeting as an opportunity to deepen and strengthen Gulf nations’ security
F -35 Fighter Continues Next-Gen Attack on Taxpayer Wallets
Already the most expensive defense weapons program in history, the price tag on the F-35 Joint Strike Fighter jumped up another $4.3 billion in the last year – the latest hike in a program that’s gone $113 billion over its original projected cost, according to a new report from the Government
The Note's Must-Reads for Monday, April 28, 2014
The Note’s Must-Reads are a round-up of today’s political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at www.abcnews.com Compiled by ABC News’ Will Cantine and Jordan Mazza SEN. ELIZABETH WARREN ABC News’ Benjamin Bell: “Elizabeth ...
No Foolin': 7 Things the Pentagon Is Buying With Your $1.5 Trillion
A day before April Fool’s Day, a government watch dog released its most recent assessment of how the Defense Department is spending its eye-popping $1.5 trillion – that’s 11 zeros – on major weapons systems. While the multi-year, total cost of the programs is staggering...
Defense Stocks Rise On News Of Military Cuts
Why are defense stocks soaring? Defense Secretary Chuck Hagel proposed spending cuts that would shrink the size of America's fighting force to pre-WWII levels and eliminate several costly weapons programs. Yet the stocks of Lockheed Martin, General Dynamics, Northrop Grumman and other leading