Never mind that, the Pentagon also paid $133 million each for a fleet of f-22 raptors, a plane that depends on a doomed technology and can't dogfight against a 40 million dollar Sukhoi.
It's, as Eisenhower warned, the military-industrial complex, pulling the strings of government to support itself. What did the Pentagon dudes care what they were paying for the hammer, when the guys they were paying were part of the same club? They gladly paid the money to keep the industry in place as they waited for the next war.
You may also recall, about the Reagan years, that Reagan didn't have much to do with the US military. He heated up the Cold War, true, but that was just about the nukes and the imaginary missile defense. The military itself had nothing to do other than attack poor little Grenada and harass Muammar Qaddafi in the Gulf of Sidra.
When Reagan signed the START treaty, it gave the MIC a heart attack almost. They made sure GHW Bush followed Reagan into office, so he could continue giving them an excuse to exist. Bush promptly invaded Panama, and then struck military gold with the Gulf War. After that, Clinton was downsizing them again, which they couldn't have, so they manipulated politics to create a new enemy called "the terrorists."
One reason the US military always underperforms is the routine inflation of the goods and services in Pentagon contracts. The basic problem is there's too many levels. If Lockheed wins a contract, it's cause they lied about what they could do; then they have to subcontract out to patch up their end, and their contractors have to hire their own, etc. raising the overall price astronomically. The Pentagon usually pays anyway. With the f-22, amazingly, they finally axed it. Good riddance. Put orbital vectored thrust on the f-35 instead, for a plane that can fight, not just hide.