Price For JASSM (Air To Surface Missile) Keeps On Rising

From ELP Defens(c)e Blog:

Part of the goal of the JASSM as hyped by the sales force was to provide a $400,000 cruise missie in 1995 dollars.

This was yet another example of trying to get the gullible Congress et al to sign off on a weapons program that had no proof that it could meet price performance.

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More News On JASSM

Lockheed Martin's Joint Air-to-Surface Standoff Missile Achieves Successful Reliability Flight Tests -- Reuters
Getting It Right -- Strategy Page
U.S. Air Force says Lockheed must fix JASSM issues -- Reuters (May 15, 2009)
Lockheed says US order shows commitment to missile -- Reuters (July 6, 2009)

Lockheed's JASSM Missile Nearing Critical Tests

From Reuters:

WASHINGTON, Aug 18 (Reuters) - Lockheed Martin Corp (LMT.N) said it has invested tens of millions of dollars to improve the reliability of its troubled JASSM cruise missile ahead of tests that could make or break the future of the $6 billion program.

Christopher Kubasik, who runs the Lockheed sector that includes missile programs, told Reuters the company had "made a significant financial contribution to increase the reliability of this program." He gave no specific sum but said the numbers were in the tens of millions of dollars.

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My Comment: After spending millions of dollars for a program that will mean billions in contracts .... you better make sure that it works.