By Emelie Rutherford The Pentagon's major acquisition programs have exceeded their original estimates by $296 billion, a level that has decreased since last year yet still is "staggering" and indicates programs must be canceled, government auditors said yesterday. The Government Accountability Office's (GAO) seventh-annual assessment of major weapon programs also says the Department of Defense's (DoD's) two largest efforts--the Army's Future Combat Systems (FCS) and multi-service F-35 Joint Strike Fighter (JSF)--"represent significant cost risk moving forward and will dominate the…
GAO: Major Weapon Programs $296 Billion Over Budget, Less Than Last Year
SHARE:
