JSF Breaks Nunn-McCurdy Limits

Which means that the F-35 Joint Strike Fighter is massively over budget.

They have finally gotten to the point where they cannot use accounting tricks to cover this up.

I expect the unit cost to rise sharply now, and be near that of the F-22.

A number of people have been predicting this, most notably the House Appropriations Committee, who have been pushing for more Super Hornets, and the DoD, who were trying to accellerate purchases, doubtless to beat this announcement. (paid subscription required)