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Budget

Acquisition System ‘A National Security Crisis’ Not Just A ‘Budgetary Scandal,’ McCain Says

Defense Daily Staff

Thursday, March 26th, 2015

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Acquisition System ‘A National Security Crisis’ Not Just A ‘Budgetary Scandal,’ McCain Says

Sen. John McCain (R-Ariz.) Chairman, Senate Armed Services Committee

Sen. John McCain (R-Ariz.) has made rectifying the failed acquisition system and the erosion of defense technological edge as top priorities for action in his role as chairman of the Senate Armed Services.“That’s why our failing acquisition system is not just a budgetary scandal, it is a national security crisis,” McCain said at the Center for Strategic and International Studies (CSIS) Thursday.One recent study found the Defense Department spent $46 billion dollars between 2001 and 2011 on at least a…

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