Defense Acquisitions: Assessments of Selected Weapon Programs. Washington, DC : Government Accountability Office (GAO) , March , 2015
Defense Acquisitions: Assessments of Selected Weapon Programs. Washington, DC : Government Accountability Office (GAO) , March , 2015
From the report: “Over the past year, the overall size of DOD’s major defense acquisition program portfolio decreased, from 80 programs to 78, while the estimated cost has decreased by $7.6 billion. The size and cost of the portfolio is currently the lowest in a decade. The decrease in current portfolio cost is due primarily to significant quantity decreases on two programs—most other programs actually experienced a cost increase over the past year. The average time to deliver initial capability to the warfighter also increased by over 1 month. Forty programs in the portfolio lost buying power during the past year resulting in $2.2 billion in additional costs, a contrast to the buying power gains seen in GAO’s prior assessments.”
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