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House committee adds $369M for Lockheed's F-22 jet
ap on finance Yahoo ^ | 6/17/09 | AP

Posted on 06/17/2009 1:15:47 PM PDT by NormsRevenge

WASHINGTON (AP) -- Lockheed Martin Corp.'s F-22 program got an unexpected lift Wednesday after House lawmakers approved $369 million to continue production of the radar-evading fighter jets.

The surprise amendment, likely to reopen a debate over the necessity of the Cold War planes that cost $140 million each, was approved by the House Armed Services Committee by a vote of 31-30, along party lines.

The extra funding was adopted as part of the 2010 Defense Department spending bill mark-up. The bill still needs to make its way through the full House and Senate.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; Politics/Elections
KEYWORDS: 111th; f22; f22raptor; housecommittee; lockheed

1 posted on 06/17/2009 1:15:47 PM PDT by NormsRevenge
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U.S. arms sales seen topping $40 billion
http://finance.yahoo.com/news/US-arms-sales-seen-topping-40-rb-15551871.html?.v=2


2 posted on 06/17/2009 1:17:35 PM PDT by NormsRevenge (Semper Fi ... Godspeed.)
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To: NormsRevenge

I’d rather see it spent on that than welfare and parks.


3 posted on 06/17/2009 1:26:36 PM PDT by RC2
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To: NormsRevenge
Cold War planes that cost $140 million each!!! Politicians buying votes with a make work program. Dang!!
4 posted on 06/17/2009 1:42:55 PM PDT by org.whodat
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To: NormsRevenge

Well, my prediction appears to be coming true. Obama will have a very hard time trying to kill the F-22 program.


5 posted on 06/17/2009 1:44:02 PM PDT by Red Steel
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To: NormsRevenge

We can only wonder what will happen in”Committee”?


6 posted on 06/17/2009 1:47:04 PM PDT by bandleader
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To: NormsRevenge

What are we gonna use to pay for them?


7 posted on 06/17/2009 1:48:16 PM PDT by bandleader
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To: NormsRevenge
....necessity of the Cold War 21st Century Warfighter planes..... is amply justified by the latest developments in North Korea and Iran.

"Journalists" are mindless, uneducated, worthless pukes!

8 posted on 06/17/2009 1:53:09 PM PDT by Islander7 (If you want to anger conservatives, lie to them. If you want to anger liberals, tell them the truth.)
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To: bandleader
What are we gonna use to pay for them?

The same stuff they found trillions of to bail out Wall Street, Corrupt Banks, bankrupt automobile companies, etc., etc.

9 posted on 06/17/2009 1:55:15 PM PDT by Prokopton
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To: RC2
I’d rather see it spent on that than welfare and parks.

And walking trails. Don't forget that it is impossable to walk on a sidewalk. We MUST have walking trails.

10 posted on 06/17/2009 1:56:07 PM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: bandleader

Note to America:
National Defense is actually a Constitutional responsibility of the Federal Government, unlike the rest of the Federal Budget.


11 posted on 06/17/2009 1:57:22 PM PDT by G Larry (ObamaCare = "DYING IN LINE!")
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To: NormsRevenge

Cold War planes ?

liberals


12 posted on 06/17/2009 2:05:57 PM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: NormsRevenge

I’d rather the government supports building fighter jets any day than watch Obama piss it all away!....


13 posted on 06/17/2009 2:24:29 PM PDT by AngelesCrestHighway
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To: org.whodat

It’s the only 5th generation air superiority fighter in the world and not from the Cold War.


14 posted on 06/17/2009 2:33:04 PM PDT by Red Steel
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To: Red Steel

only 5th gen fighter...for now...

frankly, with the vastly superior numbers of certain possible adversaries in the fighter area, we need as many of these as possible to to bring things back to being more in our favor...


15 posted on 06/17/2009 2:41:27 PM PDT by stefanbatory (Do you want a President or a King?)
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To: george76
Cold War planes ? liberals

Liberals?

How about "lying communist stooges"?

16 posted on 06/17/2009 2:42:47 PM PDT by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: stefanbatory
only 5th gen fighter...for now...

Yeah, we're still waiting... for them targets. It'l be awhile. Raptorskis and Raptorchens.

17 posted on 06/17/2009 3:47:07 PM PDT by Red Steel
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To: NormsRevenge

That’s what, 3 planes?


18 posted on 06/17/2009 3:47:25 PM PDT by rmlew ( The SAVE and GIVE acts are institutioning Corvee. Where's the outtrage!)
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To: stefanbatory

I predicted before the F-22 production run is over 400+ F-22 fighters will be built, despite the the Obama administration.


19 posted on 06/17/2009 3:53:35 PM PDT by Red Steel
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To: rmlew

it depends on how far the chop the final number...the reason for the high price tag is because they substantially decreased the size of the order from an originally planned 700-800...when you have to pay for all the R&D, it decreases the price when you spread those costs over a larger number of aircraft...same problem that they had with the B-2...only a couple dozen planes to absorb all the development costs and all of a sudden you have bombers that cost north of 2B each...order a hundred or so and you suddenly decrease the per unit costs significantly...


20 posted on 06/17/2009 3:54:55 PM PDT by stefanbatory (Do you want a President or a King?)
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To: rmlew

It’s to keep the production line going until there is no more Obama presidency.


21 posted on 06/17/2009 3:57:11 PM PDT by Red Steel
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To: stefanbatory

I was talking marginal cost per unit, not tht of the mcu plus the fixed R&D costs.


22 posted on 06/17/2009 4:06:18 PM PDT by rmlew ( The SAVE and GIVE acts are institutioning Corvee. Where's the outtrage!)
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