F-22 Raptor

Published January 6, 2015 at 1280 × 833 in EXCLUSIVE: Russia Testing New Jet Fighter

To equal or surpass the F-22, the Russians would have had to have made significant advances in their fighter technology.

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The controversy is rooted in part in the high cost of launching multimillion-dollar satellites.

Emmitt Smith

In November 1989, GD acknowledged that F-16 production had fallen as many as 20 planes behind schedule because of production problems. The problems cost GD millions of dollars in delayed government payments, contract adjustments and overtime pay. Photo: U.S. Air Force

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If GD sells all the assets it has put on the block, it will go from an $8.75 billion company (by 1991 sales) to a $6 billion company – if its remaining businesses continue at their current sales rate, which is unlikely in today’s defense spending climate.

To equal or surpass the F-22, the Russians would have had to have made significant advances in their fighter technology.

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Lawmakers have been searching for ways to deal with the bills the Pentagon will face just after 2000 when it will attempt to produce three fighters at the same time, the Joint Strike Fighter, the F-22 stealth fighter and the F/A-18E/F. The combined cost of producing the Joint Strike Fighter and the other two planes has been estimated at $400 billion.

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Joint Strike Fighter. Photo: U.S. Air Force

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F-22 Raptor

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