Author Topic: The Pentagon keeps pissing away money on weapons programs and getting little in return  (Read 217 times)

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The Pentagon keeps pissing away money on weapons programs and getting little in return

Michael Peck, The National Interest
May 18, 2019 at 12:23 PM


If the Pentagon had to take Consumer Math class in high school, they'd flunk.

The U.S. military—correction, the U.S. taxpayer—is spending more money to buy fewer weapons. The reason? Poor acquisition practices, according to a report by the Government Accountability Office (GAO).

"DOD's 2018 portfolio of major weapon programs has grown in cost by $8 billion, but contains four fewer systems than last year," GAO found.

GAO blames this on several factors. "Portfolio-wide cost growth has occurred in an environment where awards are often made without full and open competition. Specifically, GAO found that DOD did not compete for 67 percent of 183 major contracts currently reported for its 82 major programs. GAO also observed that DOD awarded 47 percent of these 183 contracts to five corporations and entities connected with them."

https://taskandpurpose.com/pentagon-wastes-money