Gao Predicts Defense Cost Overruns

Summary


WASHINGTON -- Costs are likely to keep growing for two of the Pentagon's biggest weapons programs as the military pushes to field fighter jets and high tech Army units even before fully proving the technology, according to Government Accountability Office reports released Thursday.

The reports by the government watchdog agency concluded the Army is moving forward with the $159 billion Future Combat Systems program even though some of its technology is unproven and over budget. The Joint Strike Fighter program, which could ultimately cost $1 trillion to build and maintain roughly 2,500 planes, will face even higher costs if the Pentagon accelerates the program while testing continues.

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Gao Predicts Defense Cost Overruns

The two are among the largest weapons contracts ever awarded by the Pentagon, and are potential targets for budget cuts as pressure grows on the military to lo...

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