Let's compare similar aircraft:
C-17
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Cost: $202 mil.
Speed: Mach .74
Load: 85 tons
A 380
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Cost: $263 mil.
Speed: Mach .85
Load: 150 tons
747
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Cost: $209 mil.
Speed: Mach .855
Load: 124 tons
C-5B
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Cost: $179 mil.
Speed: Mach .77
Load: 135 tons
As you can see from the above comparisons, the C-17 is comparable to other aircraft in most respects. It carries less cargo, but has the virtue of being able to operate from airfields the others couldn't. I guess you could use the others if you expect to fight the next war near a major, modern city (Europe, US, Japan, etc...). If you expect to fight a war elsewhere, the C-17 might be a better alternative.
Let's face it, big transports are expensive regardless of which one you choose.
Compare this to a smaller aircraft:
C-130J
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Cost: $48.5 mil.
Speed: Mach .59
Load: 21 tons
C-141
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Cost: $47.4 mil.
Speed: Mach .74
Load: 34 tons
A400
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Cost: $80 mil.
Speed: Mach .68
Load: 32.5 tons
Still pricey without the ability to carry a big load (like an M-1).
Since most air cargo is not going to be M-1's I suspect more small, cheap aircraft would be more practical. |