Pentagon tallies nearly $100B in major weapon system cost growth

By Tony Bertuca / July 19, 2017 at 4:47 PM
The Defense Department has experienced nearly $100 billion in cost growth over 80 major weapon systems and provided Congress with details on several programs that saw significant increases, according to DOD's annual selected acquisition reports. The 5.81 percent cost growth in acquisition programs through the December 2016 reporting period is primarily a result of increases in planned quantities ($70 billion), schedule changes ($17.4 billion), engineering changes ($9 billion), increased support requirements ($7 billion) and higher escalation rates ($1.7 billion), according...

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