This quote is most interesting.
Lawson said Lockheed Martin now is finishing about two F-35s a month. That output is expected to increase to about three a month for the next couple of years before production ramps up even more.
Emphasis mine. That is 24 per year followed by 36 per year. In 2007,(10MB PDF) the Ponzi scheme predicted the following numbers per year.
We are looking at a lot of lost F-35 orders. These are cuts by any other name unless you want to keep running production way beyond 2050.
The cut in orders has a huge affect on industry. And don't forget the sub-contractors; all those little shops all over the map who are not making widgets at the rate the PowerPoint slide promised them. Eventually investors will say, "where is my money?"
And, as delivered, the aircraft will be obsolete. Just what the warfighter needed.
Following the ceremony, Medal of Honor recipient and retired Air Force Col. Bud Day and his wife Doris were given an up-close look at the jet. Bud Day said the F-35 was much more complex than the ones he flew in Vietnam, but added that it is very functional.
“This is going to be a real efficient airplane when you get it out and get it on the line,” Day said. “There’s a ton of work you can do out in the combat theater with this airplane quick. It’s got a lot of internal defense built into it because of its great offensive capability.”
After reading this, I wonder how Bud would feel about the prospects of a minor bit of combat damage being able to take out the IPP on the gold-plated F-35?