DOD Weapon Systems Acquisition
Congress and the Department of Defense (DOD) have long explored
ways to improve the acquisition of major weapon systems, yet many DOD
programs are still falling short of cost and schedule expectations. The
results are unanticipated cost overruns, reduced buying power, and in
some cases a reduction in the capability ultimately delivered to the
warfighter. Over the next 5 years, DOD expects to invest more than $300
billion (fiscal year 2013 dollars) on the development and procurement of
major defense acquisition programs. With the prospect of slowly growing
or flat defense budgets for years to come, DOD must get better returns
on its weapon system investments and find ways to deliver capability to
the warfighter for less than it has in the past. GAO added this area to
its High Risk List in 1990.
This information comes from GAO's 2013 High Risk Report. This report is updated every two years, at the start of each new Congress.
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