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Tuesday, April 01, 2008

GAO Blasts Weapons Budget

Government auditors issued a scathing review yesterday of dozens of the Pentagon’s biggest weapons systems, saying ships, aircraft and satellites are billions of dollars over budget and years behind schedule.

The Government Accountability Office found that 95major systems have exceeded their original budgets by a total of $295 billion, bringing their total cost to $1.6 trillion, and are delivered almost two years late on average. In addition, none of the systems that the GAO looked at had met all of the standards for best management practices during their development stages.

Auditors said the Defense Department showed few signs of improvement since the GAO began issuing its annual assessments of selected weapons systems six years ago. “It’s not getting any better by any means,” said Michael Sullivan, director of the GAO’s acquisition and sourcing team. “It’s taking longer and costing more.”

Chris Isleib, a Pentagon spokesman, said in a written statement, “We’d like to look at what GAO has said, and then at the appropriate time make an informed comment.”

The Pentagon has doubled the amount it has committed to new systems, from $790 billion in 2000 to $1.6 trillion last year, according to the 205-page GAO report. Total acquisition costs in 2007 for major defense programs increased 26 percent from first estimates. In 2000, 75 programs had cost increases totaling 6 percent. Development costs in 2007 for the systems rose 40 percent from initial projections, compared with 27 percent in 2000. Current programs are delivered 21 months late on average, five months later than in 2000.

Thank you for not reading this, Rod.

Comments

Wonder how many of the companies John Murtha hacks for are on this list? Or Mr Nanny Pelosi’s clients? Perhaps you will supply that list, right after you present that extensive and exhaustive list of the THOUSANDS of innocent American citizens persecuted under the Patriot Act and FISA?


Una Salus Victus Nullam Sperare Salutem

2Hotel9 on April 1, 2008 at 07:01 am

Leave it to a Democratic Congress to fail utterly in its basic mission of oversight over the government. :^)

RCB, please.  Weapons systems have been going over budget for decades; this is sadly not news.  The ugly reality is that when you’re trying to push the envelope for engineering design, that doesn’t always fit in the budget that the “blue sky” managers envisioned and presented to get approval.

Bike Bubba on April 1, 2008 at 07:44 am

Notice that boob has not one thing to say about the Inspector Generals Office being riddled with corruption. Wonder why?


Una Salus Victus Nullam Sperare Salutem

2Hotel9 on April 1, 2008 at 04:47 pm
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