The chairman of the House Armed Services Committee believes no more money should be spent on F-35 fighter jets. “We have wasted a spectacular amount of money on weapon systems that either haven’t worked at all, or who have not lived up to their promise. Our acquisition and procurement process over the last 20 years can only be described as a complete disaster, from what’s going on with the F-35 to the LCS to the expeditionary fighting vehicle to future combat systems,” Rep. Adam Smith (D-Wash.) said on March 5. “We on the Armed Services Committee have to seriously scrub those programs like the F-35. We can complain about the money that we wasted, but that’s gone. What we have to make sure is that we don’t waste any more. “I want to stop throwing money down that particular rat hole,” Smith said. The F-35 Joint Strike Fighter costs the …