Navy underestimates long term cost of carrier plane
The Defense Department says the Navy understated the long term cost of a new carrier fighter by at least 61.6 billion. The finding challenges plans to buy the F18 as a low cost fighter for modernization in the 1980s, with options to raise budgets or delay, while the service is already 2 billion short of projected costs.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
Navy
Grumman Aerospace Corp
White House Office of Management and Budget
Pentagon
Navy F18 program under review in five year budget plan
Exclusive report outlines Navy and Defense Department debate over F18 cost, production, and alternatives. The Air Force favors the F16 lineage while Nor throp and McDonnell Douglas are tied to carrier variants. Proposals include scrapping F18 for a new cheaper fighter or expanding procurement to 72 fighter bombers in the early 1980s.
MENTIONED IN THIS ARTICLE
Defense Department
Navy
McDonnell Douglas
Jones quits as Northrop chief
Northrop Corp. board accepts the resignation of Thomas V. Jones as chairman after a six month probe into illegal political contributions and secret payments to two Saudi generals. Jones remains president and CEO. Richard W. Millar becomes chairman. Northrop reports second quarter net income of 5.458 billion, up 16.8 percent.
MENTIONED IN THIS ARTICLE
Northrop Corp
Los Angeles
Thomas V. Jones
Jones
Northrop
Richard W. Millar
USAF Major Sentenced to Six Years for Fraud Plot
Maj. Louis Wasily, 44, formerly an associate professor at the Air Force Academy in Colorado, pleaded guilty to falsifying travel vouchers totaling 4720 dollars and converting to his own use four government-purchased hogs. He was sentenced to six years hard labor, fined 15000 dollars, and dismissed.
MENTIONED IN THIS ARTICLE
AIR Forge Academy
Colo
UPI
Air Force
Maj
Louis Wasily
Wailly
Air Force’ Academy
Department of Life and Behavioral Sciences
Defense analysis on Fi4 fighter production costs
The Defense Department analysis compares producing the Fi4 fighter with an alternative option. It suggests the Fi4 would require about $150 million more annually than the alternative, affecting operating costs for the squadron.
MENTIONED IN THIS ARTICLE
Te Fis
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John W Finney
York Times
Gervies
FIS
Congress
N.Y. Times
USAF
Wone Adap
Atatac
Bui
Star of Siam
Martir Charge
Bankamire
Steeve
Orig
Rotten
Chakee
Toma Ee
Atlantic Ave
Tai Bey CO
Mall of Oren
Lakewood Bive
Lakewood Center
Euclid
Anaheim
Carson Mall
Corser
Mon
FBI
SUN
Mayfam Park
Laxewood
Federal Savines
PINE
Ocean Ave
AL Oegor Eire
Beals
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