CAPE Pegged PTSS Price Tag At $17.5B, Nearly 40 Percent Above MDA's 2014 POM

By Jason Sherman / July 18, 2013 at 7:37 PM
The Precision Tracking Space System program was terminated in April after a statutorily mandated independent cost estimate calculated the ballistic missile-tracking satellite constellation would cost as much as $17.5 billion and carry a near-term price tag nearly 40 percent more than the Missile Defense Agency estimated, according to Defense Department officials. The Pentagon's office of cost assessment and program evaluation (CAPE), in response to questions from InsideDefense.com , revealed key findings of its audit of the PTSS program -- which...

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