On June 14, 2012 the U.S. Government Accountability Office (GAO) issued its latest progress report for Congress on the most expensive weapons program in history: the F-35 Joint Strike Fighter. Unfortunately, in spite of years of delays, including further restructuring in 2011 and 2012 the result's to date continue to be nothing short of abysmal.
For instance, the GAO has found that:
Regardless of the program development cost overruns (see below) F-35 life-cycle operating and support costs are now estimated at a whopping $1.1 trillion. This means that when comparing the Air Force's primary
