Acquisition of Major Weapons Systems by the Department of Defense and S. 454, the Weapon Systems Acquisition Reform Act of 2009. Hearing Before the Committee on Armed Services : United States Senate , March 3, , 2009
From the document: “Chairman LEVIN. Good morning, everybody. The committee meets today to consider the performance of the Department of Defense’s (DOD) acquisition programs at a time when cost growth on these programs has reached levels that we cannot afford, including consideration of our bill, S. 454, the Weapon Systems Acquisition Reform Act of 2009, which Senator McCain and I recently introduced. Since the beginning of 2006, nearly half of the DOD’s largest acquisition programs have exceeded the so-called Nunn-McCurdy cost-growth standards established by Congress to identify seriously troubled programs.”
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