Welcome

Thank you for visiting Paducahsun.com, online home of The Paducah Sun.

Calendar
June 2012
S M T W T F S
27 28 29 30 31 01 02

Click here to submit an event.

Trump pledges to cut budget for F-35 fighters

By RICHARD LARDNER Associated Press

WASHINGTON -- President-elect Donald Trump is vowing to corral the "out of control" cost of the F-35 Joint Strike Fighter. But congressional Republicans and Democrats, aware of the tens of thousands of jobs the aircraft generates in 45 states, will be wary of any plans by Trump to cut the program.

A Monday morning tweet from Trump targeting the F-35 doesn't explain exactly how he'll save billions of dollars in military purchases while also honoring a campaign vow to rebuild the armed forces. Once Trump is in office, he can propose deep cuts to the F-35 or even elect to cancel the program altogether. But Congress, not the president, controls the government's purse strings and makes the final decisions about the budget.

Built by defense giant Lockheed Martin, the nearly $400 billion price tag for the F-35 makes the program the Pentagon's most expensive weapons acquisition ever. Despite the huge cost, the program has strong bipartisan support in Congress, where lawmakers view the aircraft as essential to national security.

Lockheed Martin's stock tumbled after Trump's tweet, wiping out nearly $2 billion of the company's market value. The company's shares fell $6.42, or 2.5 percent, to close at $253.11 Monday.

The F-35 program made up 20 percent of Lockheed's total 2015 revenue of $46.1 billion. U.S. government orders made up 78 percent of its revenue last year.

"Whoever has this airplane will have the most advanced air force in the world. That's why we're building the F35.

That's why it's important to not only the U.S., our partners and our partners like the Israeli Air force to have this airplane," said Jeff Babione, general manager of the F-35 program, at a base in Israel.

Israel and several other U.S. allies are also buying the F-35, expanding the program's international footprint. Defense Secretary Ash Carter visited Israel on Monday as Tel Aviv received the first two next-generation F-35 fighter jets that will help preserve the country's military edge in the volatile Mideast.

The F-35, which uses stealth technology to avoid being detected by radar, is being built in different configurations to be used by the Air Force, Navy and Marine Corps. The Navy's version, for example, is designed to take off and land on an aircraft carrier.

Comments made about this article - 0 Total

Comment on this article

Your comment has been submitted for approval
captcha 27caaedb95bc4207b8a2a0397b347c08
Top Classifieds
  • Labrador Pups $500 839-1198 Details
  • HAVANESE PUPS AKC Home Raised, Best H ... Details
  • Details
  • Lower town Condo w/ garage, Leslie He ... Details
  • Beautifully &Totally Renovated Co ... Details
  • House for SaleAurora, KY2 Bdr, Liv RM ... Details
  • SEEING is believing! Don't buy p ... Details
  • Hill Crest SubdivisionCorner Lot180x ... Details
  • AUTOMOVER SPECIAL6 lines - 14 dayson ... Details
  • Red 2013Ford Taurus Loaded30,000 + mi ... Details
  • 2007 NissanAltima Hybrid147,000 miles ... Details
  • Coachman Pop-Up Camper $1800 270-744- ... Details
  • Old Ford Backhoefixable or for parts2 ... Details

Most Popular
  1. Duplicate Bridge
  2. U.S. can't check ideals at the door
  3. BOGUS EU court decides no science required
  1. Livingston County School Board member resigns during meeting
  2. Trooper resigns over fuel card discrepancy
  3. Falling gas prices to fuel holiday trips
  1. Duplicate Bridge
  2. U.S. can't check ideals at the door
  3. BOGUS EU court decides no science required
Discussion

Check out these recently discussed stories and voice your opinion...