The Pentagon's latest, staggering estimate of the lifetime cost of the F-35 -- its most expensive weapons program -- is up from about $1 trillion a year ago, and includes inflation.
While inflation accounts for more than one-third of the projected F-35 operating costs, military officials and industry executives were quick to point out that it is nearly impossible to predict inflation over the next half-century.
They also argue that no other weapons program's costs have been calculated over such a long period, and that even shorter-term cost projections for other aircraft do not include the cost of modernization programs and upgrades. Read More