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Pentagon: F-35 fighter jet cost doubles

Read ArticleThe Washington Post: MOBILE, Alabama (Reuters) - The U.S. Navy expects to issue a request for proposals for 10 new shallow-water warships within weeks, a top Navy official said on Monday.

The Washington Post: WASHINGTON -- The Pentagon said Thursday the cost to build its next-generation fighter jet has doubled to as much as $113 million per plane since 2001.

The bad news about the F-35 Joint Strike Fighter Progam, delivered Thursday to Congress, was swiftly denounced by lawmakers who said runaway spending on major weapons systems has become all too common.   Read Article

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