From:
Audit of Pentagon Spending Finds $70 Billion in Waste
(New York Times) -- by CHRISTOPHER DREW --
Despite improvements, more than half of the Pentagon’s big weapons systems still cost more than they should, with management failures adding at least $70 billion to the projected costs over the last two years, government auditors said Tuesday.
The Government Accountability Office, a Congressional watchdog, said the biggest program, the F-35 Joint Strike Fighter, accounted for $28 billion of that increase. Other systems also had significant cost overruns, the agency said, adding that the increases could force the Pentagon to cut the number of ships and planes it buys.
The auditors said many of the problems occurred because the Pentagon began building the systems before the designs were fully tested...
All told, the accountability office said, the projected cost of the Pentagon’s largest programs has risen by $135 billion, or 9 percent, to $1.68 trillion since 2008.
It estimated that about $65 billion of that increase resulted from decisions to buy more of some systems, like mine-resistant vehicles and Navy destroyers, than had been planned.
But it said the other $70 billion of increases appeared “to be indicative of production problems and inefficiencies or flawed initial cost estimates.”
The auditors also found that a significant part of the total cost increase for nearly 100 programs came from just a few of the largest and oldest ones.
The F-35, which is supposed to become the main fighter for the Air Force, the Navy and the Marines, had by far the worst problems. The Pentagon has revamped the program, led by Lockheed Martin, twice over the last year. It has budgeted an additional $6 billion for development, as well as the projected $28 billion increase in production costs, for a program that is expected to cost well over $300 billion...MORE...LINK
FOR LIBERTARIAN NATIONALISM: ANTI-CORPORATIST, ANTI-COMMUNIST, ANTI-GLOBALIST...PRO-SOVEREIGNTY, PRO-POPULIST, PRO-FREE ENTERPRISE
My Other Blog & Comments
News and Information Feed
-
-
-
-
-
-
Sunday, April 28, 202449 minutes ago
-
Kingdom51 minutes ago
-
-
-
-
-
-
-
-
-
-
-
-
ICC arrest warrants?1 hour ago
-
-
-
-
-
Westerman Wrap up 04.28.242 hours ago
-
-
Arthur Topham RIP - ZOG Opponent2 hours ago
-
-
-
Maine Governor Signs Gun Control Bills2 hours ago
-
-
-
-
-
The Scramble For Antarctica2 hours ago
-
Sunday Thoughts: Never Anonymous2 hours ago
-
-
Regulated Into the Dirt3 hours ago
-
-
-
-
-
-
-
“LOCK THEM UP!”4 hours ago
-
-
-
-
The Collapse of The Enlightenment4 hours ago
-
-
-
-
-
-
-
-
-
News Briefs – 04/28/20247 hours ago
-
-
-
-
All About Ed9 hours ago
-
-
-
Washington Moves On to Plan B10 hours ago
-
-
-
-
Dying to Your Flesh – Session 214 hours ago
-
Afghans Gone Wild14 hours ago
-
-
-
-
Moral Anarchy: An Understatement14 hours ago
-
-
-
-
-
-
-
MEP Rob Roos: Stopping WHO’s Powergrab20 hours ago
-
Men in Uniform = Democracy. What?22 hours ago
-
-
-
Colleges revolts against Israel1 day ago
-
-
-
Month of the Leader, part 31 day ago
-
-
-
-
-
The scandals haunting Pope Francis1 day ago
-
-
-
-
The Kim Iversen Show2 days ago
-
-
-
-
-
-
-
I Called It Five Years Ago!2 days ago
-
A Derb Tribute Show2 days ago
-
-
-
-
-
-
The dumbest decision.2 days ago
-
-
-
-
-
-
Democracy For Dummies4 days ago
-
-
-
-
-
-
-
-
-
-
Now Argentina Wants To Join NATO1 week ago
-
-
-
-
Tulsi Gabbard Left The Woke War Party2 weeks ago
-
-
-
-
Help Whatfinger Grow…4 weeks ago
-
-
-
Navigating Taxation Policy5 weeks ago
-
-
-
-
-
-
-
So sorry about tomorrow3 months ago
-
-
-
TFeed Index 20233 months ago
-
-
-
-
Headline 3: Of Christmas And Paganism5 months ago
-
Imagine Being This Desperate5 months ago
-
-
Hardcore7 months ago
-
Media Say ... Gloom And Doom In China7 months ago
-
-
U.S. Openly Militarizes Space8 months ago
-
-
-
-
-
-
Conversations With Cabbies10 months ago
-
-
-
-
Hegemon USA’s War on Truth-Telling11 months ago
-
-
-
-
-
-
-
-
-
Tips1 year ago
-
-
-
-
-
-
Man, Bear, Pig Event Coming1 year ago
-
-
-
-
-
-
-
-
-
What a Wonderful Stocking Stuffer!2 years ago
-
test2 years ago
-
-
-
-
-
#273 – Marc Randolph2 years ago
-
My Farewell Announcement2 years ago
-
My Farewell Announcement2 years ago
-
-
-
-
-
-
-
-
-
-
Farewell, for now3 years ago
-
-
Audio Book Lost Colony of Hatteras3 years ago
-
-
Cancel Yourself3 years ago
-
-
Hello world!3 years ago
-
-
-
-
-
-
The Non-Jewish Origins of Krav Maga3 years ago
-
-
-
Why the Marines are dumping their tanks4 years ago
-
-
-
-
-
-
-
Voxiversity Live Stream6 years ago
-
-
Home: A Recap6 years ago
-
Big Brother’s War on Cash6 years ago
-
-
-
-
By: Osamas Pajamas9 years ago
-
Join Our Mailing List12 years ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Thursday, March 31, 2011
Public dole parasites writ large: In times of fiscal austerity, Pentagon squanders tens of billion$ in inefficiency, incompetence and worse
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment