Accession Number:

ADA465171

Title:

Defense Acquisitions. Assessments of Selected Weapon Programs

Descriptive Note:

Congressional testimony

Corporate Author:

GOVERNMENT ACCOUNTABILITY OFFICE WASHINGTON DC

Personal Author(s):

Report Date:

2007-03-01

Pagination or Media Count:

177.0

Abstract:

This report is GAOs fifth annual assessment of selected weapon programs. From 2001 to the present, the Department of Defense DOD has doubled its planned investment in new systems from approximately 750 billion to almost 1.5 trillion. While DOD expects these systems to transform military operations, their acquisition remains a high-risk area. GAOs reviews of weapons over three decades have found consistent cost increases, schedule delays, and performance shortfalls. The nations growing long-range fiscal challenges may ultimately spur Congress to pressure DOD to cut spending on new weapons and to redirect funding to other priorities. In response, DOD might be compelled to deliver new weapon programs within estimated costs and to obtain the most from its investments.

Subject Categories:

  • Economics and Cost Analysis
  • Ammunition and Explosives

Distribution Statement:

APPROVED FOR PUBLIC RELEASE