DoD Needs to Provide More Credible Weapon Systems Cost Estimates to the Congress
GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL AFFAIRS DIV
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DODs cost estimates for weapon systems programs are of major concern when the Congress is deciding to allocate billions of dollars to defense programs. GAO found DOD cost estimating guidance needs improvement and stricter implementation to ensure that cost estimates are uniform, consistently developed, and well documented. GAO also found that using more reasonable assumptions and independent cost estimates would result in more accurate reporting to the Congress. This report contains numerous recommendations for improving DOD cost estimating and reporting. In addition, GAO believes that the Congress may want to consider requiring DOD to certify that estimates on major systems are based on sound cost estimating guidelines and represent the full cost of the weapon systems program.
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