The Pentagon faces significant cuts in its budget — no matter whether the congressional supercommittee succeeded or failed at finding more ways to reduce the federal deficit. The military plans to cut nearly $500 billion from its budget. One place to look for cuts: in the Army and also the Air Force's stealthy and pricey F-35.

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F-35 Joint Strike Fighter
$133 million
Joint of Chiefs of Staff
General Martin Dempsey
the Air Force
the Navy
the Marine Corps
Tom Donnelly
American Enterprise Institute
Willie Sutton
There's another reason. We try to preserve as much air and naval power as possible primarily because air and naval capabilities really take years, if not decades, to develop. She says it's a lot easier to recruit and train ground troops should the country need them. That's not to say that aircraft won't be targeted, too. There's real money there. The F-35 Joint Strike Fighter costs $133 million a piece. The Pentagon plans to buy more than 2,400 of them. The chairman of the Joint of Chiefs of Staff, General Martin Dempsey, supports the F-35 to a point. What troubles him is that the Air Force, the Navy and the Marine Corps each want their own version of the F-35. I am concerned about the three variants and whether - as we go forward in this fiscal environment, whether we can afford all three. Tom Donnelly, of the American Enterprise Institute, says the military cannot afford not to go after the plane. Considering how much money there is in F-35, which is an order of magnitude larger than anything else, you know, it's like Willie Sutton, you have to go where the money is. It sounds like Pentagon leaders already are heading in that direction.