Fixed-Price Development Contracts: A Historical Perspective

Abstract

DoD acquisition efforts have not improved significantly since at least the 1960s, when the first large scale analysis of DoD acquisition performance took place. The Department of Defense (DoD) continues to face numerous difficulties in its acquisition of Major Defense Acquisition Projects (MDAPs). A 2006 RAND report found that the average adjusted total cost growth for a completed program was 46 percent (RAND TR-343). The roughly 100 MDAPs under development during fiscal year 2007 experienced average cost growth of 26 percent and average schedule delay of 21 months over initial estimates (GAO-08-1159T). GAO also estimated that these programs will cost $295B more than originally projected.

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Document Details

Document Type
Technical Report
Publication Date
May 16, 2012
Accession Number
ADA563557

Entities

People

  • William Lucyshyn

Organizations

  • University of Maryland

Tags

Communities of Interest

  • Air Platforms
  • Human Systems

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Aircraft Equipment
  • Aircrafts
  • Airframes
  • Carrier Based Aircraft
  • Contractors
  • Contracts
  • Department Of Defense
  • Fighter Aircraft
  • Fixed Price Contracts
  • Governments
  • Incentive Contracts
  • Procurement
  • Public Policy
  • Radar
  • Structural Components

Readers

  • Economics
  • Government Contracting/Procurement.