Statement of Robert F. Hale, Assistant Director, National Security Division, Congressional Budget Office
Abstract
Mr. Chairman, I am pleased to be here today to testify for the Congressional Budget Office (CBO) on the pace of weapons production for the Department of Defense (DoD). My testimony presents preliminary results of a study being done at the request of the present Committee Chairman. Many DoD weapons are currently being procured at rates well below maximum. Higher production rates would offer important advantages: more weapons would get into the field more quickly, and unit and total program costs would be lower. But higher production rates also have some potential disadvantages. Key among them are higher near-term program costs. These costs would probably require offsetting budget reductions, including perhaps the deferral for a few years of new weapons systems with accompanying delays in the benefits of their new technology. Thus, the choice of how fast to produce DoD weapons involves trade-offs. My testimony will illustrate the nature of these trade-offs -- quantifying them where possible.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 17, 1987
- Accession Number
- ADA529881
Entities
People
- Robert F. Hale
Organizations
- Congressional Budget Office