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More bad news for F-35: upgrades billions of dollars over budget The GAO found that the multi-service fighter jet is 8 years behind schedule and $165 billion over budget, overall. Credit: U.S. Navy Author: Mike Gooding Updated: 3:06 PM PDT July 14, 2021 WASHINGTON The F-35  is more than 8 years behind schedule and $165 billion over original cost expectations. And that s not all, according to a new report from the Government Accountability Office. The GAO investigated the F-35 s three year old Block 4 hardware and software modernization effort, and discovered that it increased from $10.6 billion to $14.4 billion.  As the program progresses toward completing operational testing of the aircraft s baseline capabilities, it still faces risks, the report says.

United statesDavid nahomJoseph nogueiraHouse armed services subcommittee on tacticalLand forces onUs navyUs air force deputyGovernment accountability officeDefense departmentProgram evaluationOffice of cost assessmentLockheed martinGovernment accountabilityForce deputy chiefAir forceHouse armed services subcommittee