Tactical Aircraft: Impact of F-22 Production Cost Reduction Plans on Cost Estimates

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Testimony issued by the General Accounting Office with an abstract that begins "The Air Force started developing the F-22 aircraft in 1991, and plans to complete development in September 2003. The Air Force plans to procure 333 production aircraft at a cost now capped at $37.6 billion. The law does not specify the total number of aircraft to be procured. This testimony discusses (1) potential cost reduction plans, (2) production cost estimates by the Air Force and the Office of the Secretary of Defense, and (3) the Department of Defense's (DOD) efforts to implement GAO's earlier recommendations (see GAO/NSIAD-00-178, August ... continued below

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United States. General Accounting Office. August 2, 2001.

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Testimony issued by the General Accounting Office with an abstract that begins "The Air Force started developing the F-22 aircraft in 1991, and plans to complete development in September 2003. The Air Force plans to procure 333 production aircraft at a cost now capped at $37.6 billion. The law does not specify the total number of aircraft to be procured. This testimony discusses (1) potential cost reduction plans, (2) production cost estimates by the Air Force and the Office of the Secretary of Defense, and (3) the Department of Defense's (DOD) efforts to implement GAO's earlier recommendations (see GAO/NSIAD-00-178, August 2000). GAO found that the F-22 contractors' estimated amount of cost reduction plans total about $26.5 billion. Both the Air Force and the Office of the Secretary of Defense cost estimators projected in late 2000 that F-22 production costs would still exceed the $37.6 billion congressional cost limitation if the Air Force were to procure 333 F-22s. DOD plans to reconcile the number of F-22s needed with the amount of the congressional cost limitation on F-22 production as part of the next Quadrennial Defense Review."

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Government Accountability Office Reports

The U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for the U.S. Congress investigating how the federal government spends taxpayers' money. Its goal is to increase accountability and improve the performance of the federal government. The Government Accountability Office Reports Collection consists of over 13,000 documents on a variety of topics ranging from fiscal issues to international affairs.

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  • August 2, 2001

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  • June 10, 2014, 6:42 a.m.

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United States. General Accounting Office. Tactical Aircraft: Impact of F-22 Production Cost Reduction Plans on Cost Estimates, text, August 2, 2001; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc289985/: accessed August 21, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.