I think our success in Desert Storm has been a detriment to our strategic planning. I think the success of our PGMs and LO assets have caused us to become too technology dependent and risk averse. Yes technology is great and we are able to execute missions while risking fewer lives, but we haven't fought a large scale conventional war against a determined foe since Vietnam. Yes, PGMs and newer technologies would have been a great help to us then, but if we had had them, the Vietnamese, most likely, would have also.
At some time in the future we may have to fight a determined adversary with equal technology if we want to maintain the current status quo within the globe and will have to accept loss of large numbers of pilots and aircraft to win. Is it possible for us to develop weapons so expensive that our military leaders and civilian authority will be scared to employ them for fear of losing such high value equipment? We lost about half of our F-105s in Vietnam. Imagine losing half of our F-35s/F-22s. I doubt we could afford to recapitalize and then where would we be in maintaining desired global status quo?
Personally, I think we should invest in some LO, but not solely LO. I think we need to invest in cheaper aircraft where we could buy more, perhaps many more. They would be more cost effective in operations similar to Iraq or Afghanistan and we would maintain a larger number of trained and proficient fighter pilots. One day we may have to rely on numbers and not just technology to accomplish a mission and we will have to accept losses. This is akin to the Normandy invasion or Iwo Jima. We would not have achieved success there without overwhelming numbers of young men willing to die. We may have to do the same in an air campaign some day.
So, I believe it is in our national strategic interests to maintain a large fighter fleet,and fighter pilot force, to maintain a skilled defense/aircraft industry labor force, and to keep more than one company in the business of manufacturing fighter aircraft. We can't do it by buying only the F-35, IMHO.
A bit of a ramble. Hope it makes sense.
Regards, RF