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April 11, 2003 F/A-22 Price Tag Skyrockets to $257 Million |
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Contact: Beth Daley beth@pogo.org or Eric Miller defense@pogo.org (202) 347-1122
At a House hearing today, the General Accounting Office (GAO) testified that the per-plane cost of the F/A-22 has increased to $257.5 million apparently as a result of recent cost overruns. Previous estimates hovered at $200 million per fighter jet . POGO's Eric Miller also testified at the hearing (click here to view testimony), stating that "the F/A-22 essentially has become an aircraft without a mission" and that the program should be cancelled. In a sign of the serious weight of the F/A-22 program's problems, General Accounting Office (GAO) head David Walker testified. (To see Walker's testimony click here). Walker estimated that the per aircraft cost of the F/A-22 fighter has now reached $257.5 million. "At a minimum, the F/A-22 should serve as a lesson learned from which to effect a change in the future Department of Defense acquisition environment," Walker said. "The costs of doing otherwise are simply too high for us to tolerate." Walker also testified:
The General Accounting Office has issued two reports in recent weeks documenting uncontrolled cost overruns and technical difficulties in the program (see March 13 POGO Alert "GAO Report Says F-22 Costs Soaring Out of Control" and March 17 GAO report "Tactical Aircraft: DOD Should Reconsider Decision to Increase F/A-22 Production Rates While Development Risks Continue" .)
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