- Jul 31, 2011
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And the Opposition have the gumption to attack the cost of the NBN, when the 100 planes they promised in givernment will end up being about 60 planes
THE multibillion-dollar defence cuts in the US announced by President Barack Obama this week mean the cost to Australia of the Joint Strike Fighter will spiral even higher, according to former defence minister Joel Fitzgibbon.
The increased cost of the $A16 billion acquisition will be due to the third production delay to the next-generation jet in as many years, and caused by the $US487 billion ($A471 billion) in cuts to US defence spending over 10 years.
Mr Fitzgibbon, who was defence minister from 2007 to 2009, has been vocal about the cost of the Lockheed Martin jet, touted as the future of air warfare. ''F35 unit costs will rise due to US Defence cuts,'' he wrote on Twitter yesterday. ''Entirely predictable and one of a number of reasons I declined opposition pressure to sign.''
Read more: http://www.theage.com.au/national/c...ost-blowout-20120106-1pooj.html#ixzz1ihgdlY3e