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05/21/2023: Defense Spending, Cyber Con Artists, Jeff Koons

60 Minutes

00:00

General Bogdan: The Cost of the Troubled F-35 Joint Strike Fighter Program

The F-35 Joint Strike Fighter program was seven years behind schedule and $90 billion over the original estimate. General Bogdan told us the biggest costs are yet to come for support and maintenance, which could end up costing taxpayers $1.3 trillion. We won't be able to buy as many F-35s as we thought, because it doesn't make a whole lot of sense to buy more airplanes when you can't afford them.

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