New F 35 Modernization Plan Could Come With Hefty 16b Price Tag
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|Title||:||New F-35 Modernization Plan Could Come with Hefty $16B Price Tag|
|Description||:|| Under the F-35 joint program office’s latest plan, follow-on modernization for the Joint Strike Fighter could add up to a total of $16 billion, the Defense Department’s program head confirmed Wednesday. |
Responding to questions from lawmakers about the price of implementing the new Continuous Capability Development and Delivery strategy, or C2D2, Vice Adm. Mat Winter acknowledged that U.S. and international customers could pay up to $10.8 billion for development and $5.4 billion for procurement of upgrades to the F-35 between fiscal years 2018 through 2024.
Last September at the Defense News conference, Winter announced that the JPO had re-envisioned the F-35’s follow on-modernization plan, also known as Block 4, as a more iterative process where software updates would be pumped out every six months. New computing systems, sensors and weapons would also be incorporated during the period.
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