Nearly 7 in 10 major U.S. arms programs over budget »

Posted By engineer 8 months ago in News
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Nearly 70 percent of the Pentagon's 96 major weapons-buying programs were over budget in 2008 for combined cost growth of - 296 billion above original estimates, congressional auditors said in an annual report released on Monday.

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engineer

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My background is Biomedical engineering with an MBA As you know from all my comments where I almost stand politically. I have loads of ...

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    Charlson8 months ago

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    Duh! Maybe the blank checks ares now gone, hopefully, and the Pentagon will have to justify their awarding of contracts and expenditures. It always amazes me how the right looks away when there is gross malfeasance in the weapon's programs but scream to high heaven about welfare frauds.

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      tchef8 months ago

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      Want a place to cut the budget line by line? Start here. These companies need to have to come in on budget, and the government needs to stop changing it's plans in the middle of the project so the companies can come in on budget.

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        unome28 months ago

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        I put up a quote by Martin Luther King which seemed quite revevent ,it suggested that spending trillions on military while so many Americans are suffering from lack of healthcare, housing ,education and jobs would eventually bankrupt America.
        It was removed as spam, twice.

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          reallypsst8 months ago

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          The pentagon rates number one on the corruption list,they are always over budget and have no accountability !

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            cleare8 months ago

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            let's face it, the past thirty years of government military acquisition policies has created a feeding frenzy --- like sharks.

            time to bust it up and i'm glad the obama administration is taking a careful look before entering the fray.

            we need to regroup and plan for a far different set of mission priorities than the cold war. fewer high cost fighters and bombers and more lower cost predators, armor, and especially a new generation of tactical reconnaissance technologies.

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              StevieGee8 months ago

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              No surprise there. It would be news if 70% were under budget.

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