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You are here: Home / Government Contracting News / Pentagon has spent billions on doomed programs

April 1, 2013 By AMK

Pentagon has spent billions on doomed programs

The Pentagon has squandered billions of  dollars over the past two decades on weapon systems it never produced and on  rosy cost estimates that ballooned to sizes that ate up funds for other  projects, according to government reports and defense analysts.

The miscalculations have come back to haunt the armed forces at a time when  tighter budgets are forcing it to curtail basic war-fighting preparations such  as training, ship and aircraft repairs, and overseas deployments.

Pro-defense conservatives, however, say that despite the procurement  mistakes, the country needs a robust military to confront an array of threats — and that costs money.

Still, how the Pentagon misspent billions  over two decades has relevancy for the future.

Money devoted to doomed programs such as the Army’s Future Combat System or poured into the F-35  Joint Strike Fighter could have come in handy today. Analysts say that if the Pentagon had better-managed the research,  development and acquisition of satellites, vehicles and planes, the force in 2013 would be more modern and more resilient against  automatic spending cuts, or “sequestration,” that began March 1.

Keep reading this article at: http://www.washingtontimes.com/news/2013/mar/17/pentagon-has-spent-billions-on-doomed-programs/?page=all#pagebreak 

Filed Under: Government Contracting News Tagged With: budget cuts, DoD, GAO, sequestration, weapons systems

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