Defense Acquisitions: Assessments of Selected Weapon Programs
Abstract
Over the past year, the number of programs in the Department of Defenses (DOD) portfolio of major defense acquisitions increased from 78 to 79, while DODs total planned investment in these programs decreased from $1.45 trillion to $1.44 trillion. This estimate is in line with a trend seen since 2010 of decreases in the portfolios total acquisition cost. The portfolios cost growth since first full estimates has been substantial, but most of the cost growth occurred 5 or more years ago. The average time to deliver initial capability to the warfighter also increased by 2.4 months. This increase is due in part to the significant delays experienced by a few programs. In addition, while more programs in the 2015 portfolio reported cost increases than decreases the net change resulted in a decrease in the portfolios total cost over the past year.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 2016
- Accession Number
- AD1006540
Entities
People
- Michael J. Sullivan
Organizations
- United States Government Accountability Office