Remember the good old days when the JSF was the low cost alternative to the expensive F-22? Well, ComNavOps was reminiscing over a pile of old Proceedings magazines and had his attention drawn to this statement from a 1997 article (1).
"The Joint Strike Fighter, conceived from the ground up as a multirole stealth jet, is just down the road. Most estimates peg it at half or less the per-copy cost of the F-22."
The reference citation associated with that statement puts the JSF cost at $67M which is $98M in FY14 dollars.
I wonder if the article’s author would have written his piece differently if he had known that the JSF would cost twice what he cited?
Just an amusing bit of historical perspective.
(1) US Naval Institute Proceedings, “Catch F-22”, Cmdr. Jeff Huber, USN, Sep 1997, p.38