GE’s $3 billion Pentagon boondoggle

posted by
April 26, 2011
Mother Jones
by Adam Weinstein  
Posted in Commentary, PND Commentary

"Even by the freewheeling standards of military contracting, the F-136 jet engine was a boondoggle in the making: a piece of hardware that the Pentagon didn't need and didn't really want, built by a megacorporation that pays no income tax, with a pricetag in the billions. And now it's officially history: After years of attempts to kill off General Electric's controversial 'second engine' program for the F-35 Joint Strike Fighter, the military finally succeeded yesterday, potentially saving another $2.9 billion and pleasing deficit hawks, who'd long wanted to see the project gone." (04/26/11)  


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