Defense Acquisitions: Assessments of Selected Major Weapon Programs. Washington, DC : Government Accountability Office (GAO) , March , 2012
Defense Acquisitions: Assessments of Selected Major Weapon Programs. Washington, DC : Government Accountability Office (GAO) , March , 2012
From the report: “The total estimated cost of the Department of Defense’s (DOD) 2011 portfolio of 96 major defense acquisition programs stands at $1.58 trillion. In the past year, the total acquisition cost of these programs has grown by over $74.4 billion or 5 percent, of which about $31.1 billion can be attributed to factors such as inefficiencies in production, $29.6 billion to quantity changes, and $13.7 billion to research and development cost growth. DOD’s portfolio is dominated by a small number of programs, with the Joint Strike Fighter accounting for the most cost growth in the last year, and the largest projected future funding needs. The majority of the programs in the portfolio have lost buying power in the last year as their program acquisition unit costs have increased.”
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