F-35 Jet Funding Is Running $1.4 Billion Short, Pentagon Tells Congress
- Shortage disclosed in ‘unfunded priorities list’ to Congress
- The wish list outlines $25 billion in programs short of funds
An F-35 jet flies during a training mission in Hill Air Force Base, Utah.
Photographer: George Frey/BloombergThis article is for subscribers only.
The Pentagon has found that it’s $1.4 billion short of funds for the next major contract to buy F-35 fighter jets from Lockheed Martin Corp., according to a new list of so-called unfunded priorities sent to Congress.
If more money isn’t found, the pending three-year contract, valued at as much as $30 billion, will yield fewer aircraft for the US’s costliest weapons program, which is now estimated at $412 billion.