#cost-overruns

#cost-overruns

The US military is facing worsening delivery delays for its advanced F-35 Lightning II Joint Strike Fighters, according to a new government watchdog assessment. A report released Wednesday by the Government Accountability Office (GAO) found that most F-35s delivered in 2023 by contractor Lockheed Martin and engine maker Pratt & Whitney were late, arriving an average of 61 days behind schedule. In 2024, the problem grew notably worse: every F-35 delivered was late, with an average delay of 238 days.

Our board's responsibility is to balance water reliability with affordability, and we are deeply concerned that moving forward with Pacheco would place too great a burden on our ratepayers without cost-effective benefits.

A mistake in the automated track switches. An anomaly that should not have happened in the design of the railway system. This is how Oscar David Lozano, Director General of Mexico's Maya Train, explained the track incident during the morning press conference, which caused a minor derailment of two train cars at the Izamal station in Yucatan on Tuesday afternoon.

Trump expressed his frustration with the renovation cost, stating it was $3.1 billion, while Powell remained silent, indicating a discrepancy with the Fed's figure of $2.5 billion.