F-35 in Trump administration's crosshairs.

• Author: Harper, Jon
• Position: Budget Matters

President Donald Trump's defense policy advisers want to "tear open" the F-35 joint strike fighter program, according to an analyst familiar with their thinking.

The $400 billion program is the most expensive acquisition project in Pentagon history. The Defense Department plans to spend about $56 billion on the aircraft over the next five years.

The project has experienced significant cost overruns, schedule delays and technical problems, and Trump took aim at it before he even came into office.

"The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20th," he tweeted in December.

He has asked Boeing to "price-out a comparable F-18 Super Hornet" as a potential alternative to the F-35, he said in a subsequent tweet.

Mackenzie Eaglen, a defense budget analyst at the American Enterprise Institute, has briefed Trump's policy advisers on several occasions. They are inclined to "tear open this program and take it apart" and look at whether major changes need to be made to the number of planes procured or other aspects of the project, she said.

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The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20th.

"They really believe it's time to burn the Pentagon" metaphorically speaking, she said. "That's going to have a heavy emphasis on acquisition of weapons in particular."

The president's tweet put F-35 manufacturer Lockheed Martin on the defensive.

"Lockheed Martin and its industry partners understand the importance of affordability" for the joint strike fighter program, Jeff Babione, the company's executive vice president and general manager of the F-35, said during an aircraft delivery ceremony in Israel in December.

Lockheed has been trying to bring costs down, he emphasized.

"Since the beginning, we've invested hundreds of millions of dollars to reduce the price of the airplane more than 60 percent" relative to the original low-rate initial production bill, he said.

The company projects that the price tag will be down to $85 million in the 2019 to 2020 timeframe.

"It's a great value and we look forward to any...