The programs acquisition costs rose to $406.5 billion from $379 billion, below SAR estimates, according to the report. Some of the cost rise can be attributed to the Air Force’s decision to cut the number of F-35As it purchased by 25 percent over the next six years. That led to a total program cost estimate rise of $11 billion.
The draft 2017 National Defense Authorization Act (NDAA) adds 24 F-35s to what the Pentagon had asked for.
The F-35 program remains within all cost, schedule and performance thresholds and continues to make steady progress, said Vice Adm. Mat Winter, F-35 Program Executive Officer in a statement. The F-35 Joint Program Office is committed to the delivery of cost-effective war fighting capability across all areas of the program and is aggressively pursuing affordability opportunities within our three lines of effort Development, Production, Sustainment to further drive down total program costs now and in the future.”