The Relative Cost Of An F-22 Fender Bender

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An F-22 that had performed a flyover at a Pearl Harbor anniversary event, Friday, later scraped its tail on landing at Joint Base Pearl Harbor-Hickam, causing an estimated $1.8 million in damage to the jet. The landing followed a training exercise that followed the ceremony and was otherwise safe. No injuries were reported. The damage estimate accounts for little more than 1 percent of the fighter's $143 million per unit cost as estimated by the Air Force ... and even less of the jet's $412 million per unit cost as estimated by the Government Accountability Office.

Over 2,000 people attended the event at Pearl Harbor Friday, which recognized the 71st anniversary of the Japanese attack there. Some 30 survivors were among those in attendance. More than 3,000 service members and civilians were killed in the Dec. 7, 1941, the attack that launched the U.S. into the second world war. The incident that damaged the Raptor jet took place roughly 90 minutes after its participation in the commemorative event.