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Cost overruns News

Lockheed Martin Warned By Airforce - Rising Costs On Military Planes Causing Concern

The Air Force and Lockheed Martin in discussions regarding the huge cost overruns in the production of the 108 C-5 aircraft. Initial cost estimates were stated at $83 million a piece, but the final cost is now closer to $100 million, 21% over budget.
 

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