Navy undercounted long term cost of F18 fighter program
Defense Department concludes the Navy understated future costs of the F18 program by at least 1.6 billion dollars. Secret paper shows two viable options including boosting five year budget by 2.6 billion or canceling the F18 and buying 72 fighters from McDonnell Douglas to modernize carrier squadrons in the 1980s.
MENTIONED IN THIS ARTICLE
John W. Finney
New York Times
Washington
Defense Department
Navy
Grumman Aerospace Corp
White House Office of Management and Budget
He. Navy
McDonnell Douglas
Navy selects FIR as lightweight fighter program plan
Exclusive N Y Times Service reports the Navy’s five year shipbuilding push and a competing option by the Defense Department to scrap the FIR plan for a cost conscious fighter design. The FIR was chosen over the Air Force’s F16. the F18, built by Northrup McDonnell Douglas, will be carrier based with an estimated 7.8 million dollar unit cost in 1975 dollars.
MENTIONED IN THIS ARTICLE
Defense Department
Navy
Nounced
Air Force
Northrop Corp
Northrop
McDonnell Douglas Corp
Jones quits as Northrop chief
Northrop Corp chief Thomas V. Jones resigns as board chair in Los Angeles amid a six month probe into illegal political contributions and secret payments to two Saudi Arabian generals. Jones remains president and CEO. Richard W. Millar becomes acting chairman. Net income for the quarter rose to 5.458 million dollars, up 168 percent from a year earlier.
MENTIONED IN THIS ARTICLE
Northrop Corp
Los Angeles
Thomas V. Jones
Northrop
Jones
Mimi
USAF Major Sentenced to Six Years in Fraud Plot
Air Force Major Louis Wailly, 44, formerly associate professor at the Air Force Academy, pleaded guilty to falsifying travel vouchers totaling 6720 dollars and converting four government bought hogs. He was sentenced to six years at hard labor, fined 15000 dollars, and dismissed from the service.
MENTIONED IN THIS ARTICLE
AIR Force Academy
Colo
UPI
Air Force
Louis Wailly
Wailly
Department of Life and Behaviors Sciences
Navy study weighs third option for F-14 replacement
The Defense Department analysis supports the admirals by noting Navy estimates that 800 Fid fighters could be bought for roughly the same $6 billion needed to develop and produce the Flas. The analysis also shows Fid squadrons would incur about $150 million less in annual operating costs than F14 units.
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Théesanalysis
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