Selected Acquisition Report (SAR) Summary Tables, As of September 30, 1997
Abstract
The Department of Defense has released details on major defense acquisition program cost and schedule changes since the June 1997 reporting period. This information is based on the Selected Acquisition Reports (SARs) submitted to the Congress for the September 30, 1997 reporting period. SARs summarize the latest estimates of cost, schedule, and technical status. These reports are prepared annually in conjunction with the President's budget. Subsequent quarterly exception reports are required only for those programs experiencing unit cost increases of at least 15 percent or schedule delays of at least six months. Quarterly SARs are also submitted for initial reports, final reports, and for programs that are rebaselined at major milestone decisions. The total program cost estimates provided in the SARs include research and development, procurement, military construction, and acquisition related operation & maintenance. Total program costs reflect actual costs to date as well as anticipated costs for future efforts. All estimates include allowances for anticipated inflation. The current estimate of program acquisition costs for programs covered by SARs for the prior reporting period (June 1997) was $727,311.4 million. After making a correction to reflect actual costs reported in the last PATRIOT PAC-3 SAR and adding the costs for new programs, the June 1997 adjusted current estimate of program acquisition costs was $739,585.3 million. There was a net increase of $52.6 million during the current reporting period (September 1997). The cost changes between June and September 1997 are summarized.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 14, 1997
- Accession Number
- ADA331646
Entities
Organizations
- Office Of The Under Secretary Of Defense