GAO's annual audit of DOD's major weapons portfolio finds acquisition reforms bearing fruit

By Jason Sherman / April 25, 2018 at 11:48 AM
A congressional audit of the Pentagon's major weapon systems portfolio reveals that two major acquisition reform initiatives -- statutory changes Congress spearheaded in 2009 and executive stratagems led by Defense Department procurement executives beginning in 2010 -- have yielded some success reigning in cost growth and improving buying power. The Government Accountability Office's annual review of the Pentagon's big-ticket weapon system acquisition programs concluded that in 2017, the total portfolio of major defense acquisition programs (MDAPS) increased in cost and...

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