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You are here: Home / Government Contracting News / Efforts underway to improve Pentagon’s procurement system

December 9, 2014 By AMK

Efforts underway to improve Pentagon’s procurement system

One of the first casualties was the Crusader artillery program, which was canceled after the Pentagon spent more than $2 billion on it. Then there was the Comanche helicopter debacle, which got the ax after $8 billion. More than twice that amount had been sunk into the Army’s Future Combat System, but that program got killed, too.

In all, between 2001 and 2011 the Defense Department spent $46 billion on at least a dozen programs — including a new version of the president’s helicopter — that never became operational, according to an analysis by the Center for Strategic and Budgetary Assessments.

But for evidence of a procurement system that’s broken, critics say look no further than the major programs that are moving forward. They’ve grown half a trillion dollars over their initial price tags and have schedule delays of more than two years, according to the Government Accountability Office.

Keep reading this article at: http://www.washingtonpost.com/business/economy/why-the-pentagon-spent-46b-on-12-weapon-programs-it-never-finished/2014/12/01/c1787814-74f7-11e4-9d9b-86d397daad27_story.html

Filed Under: Government Contracting News Tagged With: acquisition reform, procurement

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