GAO: Pentagon making progress on cost controls as defense contractors appear healthy

By Tony Bertuca / March 31, 2016 at 3:32 PM
The Pentagon is making progress on controlling cost growth in its acquisition programs, while defense contractors are performing well in the market, according to a Government Accountability Office report released March 31. The cost of the Defense Department's 79-program acquisition portfolio in 2015 was $15 billion less than it was in 2014, despite having only 78 programs, the report states . "Our current assessment shows that DOD is making progress in decreasing the amount of cost growth realized in the...

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