Pentagon needs $12.6 billion per year through 2037 for F-35: report

The Pentagon needs to budget $12.6 billion each year through 2037 to finish developing and paying for all the Lockheed Martin Corp F-35 fighters it plans to buy, according to a report released by a congressional watchdog agency on Monday. This amounts to $2 billion more in projected annual funding needs than the Government Accountability Office (GAO) had included in a draft report obtained and published by Reuters on Saturday.

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