The Biggest Military Wastes of Money Airbus A400M Atlas - $10 Billion
The A400M was meant to replace the variety of aging transports in Europe's air forces. Instead, it was plagued with delays, technical issues, and a bloated budget. The plane was delayed so badly that England, France, and Germany all had to explore buying or leasing existing cargo planes from the US. It was nearly scrapped several times, and Britain's Minister for Defense Procurement declared "The A400M is a complete, absolute wanking disaster, and we should be ashamed of ourselves. I have never seen such a waste of public funds in the defense field in the past 40 years." The first Atlas finally entered service in 2013 - and was grounded when one of the 11 built planes crashed. The program has already cost at least $10 billion.