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. InsideDefense.com obtained a copy of the report. "The March 2006 not-to-exceed award value for the first four FTF 72-inch targets...
