Thursday, October 8, 2009

New Presidential Helicopter Plan Could Cost More

New Presidential Helicopter Plan Could Cost More

By WBNG News

Scrapping Lockheed's VH-71 Helicopter contract for another plan could end up costing more time and money.
That's according to an internal navy document Congressman Maurice Hinchey discovered.
The Democrat says it shows a new replacement plan will cost triple and also take years longer than Lockheed's initial contract.
Hinchey says the Pentagon's plan to scrap Lockheed's helicopters and buy a new fleet would cost of up to $22 billion, and won't be ready until 2024.
A Navy spokesman could not immediately be reached for comment.
The government spent close to $3.2 billion on Lockheed's project before Defense Secretary Robert Gates killed it for being behind schedule and over budget.
Gates said the project no longer met White House requirements.

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