After spending $46 billion over the past decade on canceled weapon systems that were never fielded, the Pentagon may have to wait at least 10 more years to recapitalize its equipment, a new report says. Todd Harrison, the senior fellow for defense budget studies at the Center for Strategic and Budgetary Assessments (CSBA), highlights the “lagging pace of recapitalization” for certain types of equipment in his Analysis of the FY 2012 Defense Budget. The non-partisan think tank released the 74-page…
Report Highlights Equipment Recap Concerns
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