Acquisition History Volume 5: Reform and Experimentation After the Cold War 1989-2001 : Office of the Secretary of Defense Historical Office , 2022
From the preface: “In the four decades between passage of the National Security Act of 1947 and the beginning of President George H. W. Bush’s administration in 1989, the Defense Department’s budget totaled $18.3 trillion (in fiscal year 2014 dollars adjusted for inflation). Of this amount, the combined appropriations for research, development, and test and evaluation (RDT&E) and procurement, the two congressional accounts funding weapon acquisition, came to $5.8 trillion, just under 32 percent of the budget during those years. Despite the huge sums spent annually on acquiring weapon systems, in the mid-1980s the Packard Commission concluded that with some exceptions they “take too long and cost too much to produce.”
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