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AnonTechie writes:

The US military's F-35 Joint Strike Fighter aircraft is proving to be a pain in the neck in more ways than one. Not only did the Pentagon spend almost $400 billion to buy 2,400 aircraft - about twice as much as it cost to put a man on the moon - the F-35 program is 7 years behind schedule and $163 billion over budget. This at a time when cuts in the defense budget are forcing the Pentagon to shrink the size of the military. CBS 60 Minutes took a closer look at the troubled fighter plane a few months back, but their rebroadcast on Sunday evening seems like as good a reason as any to revisit one of the biggest ongoing budget debacles in U.S. military memory. David Martin gets an inside look at what makes the F-35 Joint Strike Fighter the most expensive weapons system in history.