Major Air Force Programs See Lower Cost Revisions In FY-14 As Acquisitions Mature

By James Drew / March 24, 2015 at 12:37 PM
Air Force cost forecasting for major defense acquisition programs has stabilized as the current suite of satellite, aircraft and weapons procurements mature, with price estimates down by $229 million in fiscal year 2014 compared to a $13 billion downward revision in FY-13 and a $7 billion revision the year before. But schedule performance worsened in the same period, with Air Force ACAT I programs taking more than eight years on average to move from the start of development to initial...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.