Defense Acquisitions. Assessments of Selected Weapon Programs
GOVERNMENT ACCOUNTABILITY OFFICE WASHINGTON DC
Pagination or Media Count:
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.
- Economics and Cost Analysis
- Ammunition and Explosives