Pentagon to Offset Cost Growth in New Weapons by Paring Back Capability

By Jason Sherman / June 6, 2008 at 5:00 AM
The Pentagon's acquisition chief is warning all weapon system program managers that unforeseen future cost growth will be paid for out of hide, a new policy that aims to provide a measure of funding stability to the Defense Department's procurement accounts, but one that could penalize projects with rising costs by scaling back planned capabilities or quantities. John Young, the under secretary of defense for acquisition, technology and logistics, told reporters in the Pentagon yesterday that he will not support...

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