Well, US deputy secretary of defense William Lynn has publicly stated that there will be a 13 month delay in the completion of initial operational test and evaluation (IOTE).

Note that this is a 12 month slip from schedule announced in 2008, not from the 2005 schedule, which the 2008 schedule was a slip. It’s not 2 full years behind the 2005 schedule, so IOTE is supposed to be completed in 2015, as opposed to 2013.

Note also, that independent evaluations are showing even more slippage, not surprising given that they are cannibalizing airframes on the assembly lines to keep the test aircraft flying.

Additionally, it’s over budget, and will likely suffer a Nunn-McCurdy breach, meaning that the price has escalated to more than 150% of the contract, and it will have to be recertified.

On the brighter side, the F-35B has performed its first first short landing: