MDA: Targets Program Not Meeting 'Cost and Schedule Expectations'

By Thomas Duffy / March 18, 2009 at 5:00 AM
A program to develop a family of target missiles is running $83 million over cost for the first four long-range targets, the Missile Defense Agency told Congress in late January. "To date, the [Flexible Target Family] program has not met cost and schedule expectations," the agency said in a Jan. 30 report to the House Armed Services and Appropriations committees. obtained a copy of the report. "The March 2006 not-to-exceed award value for the first four FTF 72-inch targets...

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