Air Force: The Stealth's Soaring Costs

The Stealth's Soaring Costs

Still smarting over glitches in its newly activated B-1B bomber, the Air Force is now catching flak over its aircraft of the future, the radar-elusive Stealth bomber. Congressional critics say that technical and managerial problems are exponentially raising the project's cost. A reported $8 billion will be spent on the plane before it enters production early next year, and each of the 132 aircraft could cost more than $300 million, $23 million above the original price tag.

The plane's sole-source contractor, Northrop Corp., has taken a $124 million tax write-off against profits on the plane, signifying concern with the soaring development...

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