DEFENSE ACQUISITIONS: DOD Faces Challenges in Implementing Best Practices
Abstract
This report discusses best practices related to the acquisition of services,information technology,and weapon systems. The Department of Defense (DOD) relies heavily on acquisitions.It spends close to $100 billion annually to research,develop,and acquire weapon systems and tens of billions more for services and information technology. Moreover,this investment is expected to grow substantially.From 1995 to 2007,investments in weapon systems are planned to escalate from $90 billion to $157 billion about a 74-percent increase.And over the next 5 years,starting in fiscal year 2003, DOD's request for weapon system development and acquisition funds is estimated to be about $700 billion. Similarly, DOD's spending on services is expected to continue to grow, largely attributable to increased purchases of information technology services and professional administrative and management support services.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 01, 2002
- Accession Number
- ADA399346
Entities
Organizations
- United States Government Accountability Office