Bloomberg News

Dempsey ‘Concerned’ Whether U.S. Can Afford Three F-35 Models

October 13, 2011

Oct. 13 (Bloomberg) -- U.S. Army General Martin Dempsey, chairman of the Joint Chiefs of Staff, expressed concern today whether the Pentagon can afford all three models of the Lockheed Martin Corp. F-35 jet.

“Three variants creates some fiscal challenges for us,” Dempsey said in his first congressional testimony since becoming chairman.

“I’m concerned about the three variants and about whether we can afford all three,” he told the House Armed Services Committee about the $382 billion program, the Pentagon’s most expensive.

To contact the reporter on this story: Tony Capaccio in Washington at acapaccio@bloomberg.net

To contact the editor responsible for this story: Steven Komarow at skomarow1@bloomberg.net


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