{"id":193694,"date":"2008-11-23T11:12:00","date_gmt":"2008-11-23T16:12:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/11\/23\/idf-shocked-by-jsf-price-spike\/"},"modified":"2008-11-23T11:12:00","modified_gmt":"2008-11-23T16:12:00","slug":"idf-shocked-by-jsf-price-spike","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/11\/23\/idf-shocked-by-jsf-price-spike\/","title":{"rendered":"IDF Shocked by JSF Price Spike"},"content":{"rendered":"<p>Well, the numbers that the Israelis are seeing <a href=\"http:\/\/www.globes.co.il\/serveen\/globes\/DocView.asp?did=1000398917&amp;fid=1725\" bear=\"\" no=\"\" resemblance=\"\" to=\"\" what=\"\" the=\"\" norwegians=\"\" are=\"\" quoting=\"\"><\/a>:<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p>&#8220;Defense News&#8221; reports that Ministry of Defense and Israel Air Force officials are &#8220;stunned by projected program costs for their Israel-unique version of the F-35&#8221; Joint Strike Fighter (JSF), manufactured by Lockheed Martin Corporation (NYSE: LMT). IAF and Ministry of Defense officials are struggling to pare a hefty list of customized subsystems and add-ons that threaten to ground the aircraft as unaffordable.<\/p>\n<p>&#8220;Defense News&#8221; states that, in September, US F-35 program officials gave rough price and availability data to their Israeli counterparts, who reacted with sticker shock to the price tag of $200 million per plane. Since then, both sides have been seeking a new configuration that can meet IAF performance and budget requirements. The IDF had expected to pay about $2 billion &#8211; $80 million per plane &#8211; for the first 25 aircraft.<\/p><\/blockquote>\n<p>My money is on the Israeli numbers being closer to the truth than the Norwegian ones.<\/p>\n<p>Doubtless, there costs with integrating Israeli systems into the airframe, but it&#8217;s increasingly clear that the high end estimates for cost are accurate, and largely unaffordable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well, the numbers that the Israelis are seeing : &#8220;Defense News&#8221; reports that Ministry of Defense and Israel Air Force officials are &#8220;stunned by projected program costs for their Israel-unique version of the F-35&#8221; Joint Strike Fighter (JSF), manufactured by Lockheed Martin Corporation (NYSE: LMT). IAF and Ministry of Defense officials are struggling to pare &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1007,1038,1008],"tags":[],"class_list":["post-193694","post","type-post","status-publish","format-standard","hentry","category-aviation","category-budget","category-defense-procurement"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/193694"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=193694"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/193694\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=193694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=193694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=193694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}