Eight major U.S. weapon programs have gone more than 15 percent over budget, while 15 more have lesser cost increases, says the Pentagon’s latest Selected Acquisition Report (SAR) to Congress.
Those programs are in so-called Nunn-McCurdy breach, meaning their acquisition costs have increased at least 15 percent over their current baseline or 30 percent over their original baseline. The report covers cost, schedule and performance changes in U.S. military programs between September and December.
Pentagon spokeswoman Cheryl Irwin said the performance was “in line with the last three to four years.”
Read more
Search This Blog
Subscribe to:
Post Comments (Atom)
Fair Use Notice
This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.
The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.
I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.
If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.
This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.
The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.
I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.
If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.
This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.