Defense Department: Stryker Program Increase Boosts Costs $2.6 Billion

By Marjorie Censer / April 8, 2008 at 5:00 AM
The total price tag for the Army's Stryker program has jumped nearly $2.6 billion to $15.7 billion, a hike that reflects a recent decision to purchase an additional 640 of the eight-wheeled combat vehicles, according to a new Pentagon report. The Office of the Secretary of Defense yesterday provided Congress an update on all of its major weapon system programs -- the Selected Acquisition Reports, required by law -- noting that the Stryker program's nearly 20 percent cost increase comes...

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