The Buying and Selling of the Pentagon (Part I)
Raymond
Wednesday 30 March 2011
by: Dina Rasor, t r u t h o u t | Solutions
For the last seven weeks, we have been running Solutions columns on
how to fix the Pentagon. With the DoD budget ballooning again and
again over the past 40 years and the news yesterday that we have
already spent $600 million in the first week in defending Libya from
the air, there appears to finally be some movement to look into what
is wrong with our defense spending. We have fired 191 cruise missiles
at a cost of $288 million alone ($1.5 million per missile) - just one
illustration on how we have spent too much for our weapons, and the
Pentagon has admitted that it is unauditable and cannot successfully
track most of its procurement money.
There was story yesterday by Tony Capaccio of Bloomberg Government
that, according to the Government Accountability Office (GAO):
About one in three major US Defense Department weapons programs since
1997 have had cost overruns of as much as 50 percent over their
original projections ...
The overruns, found in 47 of 134 programs included in a study by the
US Government Accountability Office, were enough to trigger a law that
requires congressional notifications and potential termination. Only a
single program has been terminated during that review process - the
Bell Helicopter Textron $6.78 billion Army Armed Reconnaissance
Helicopter, the GAO said.
Cont'd
http://www.truth-out.org/the-buying-and-selling-pentagon-part-i68883
John Smith
> ...
> Cont'd
> http://www.truth-out.org/the-buying-and-selling-pentagon-part-i68883
Not to be out done, obama goes on to attempt to out do bush in the
commission of war crimes ...
Regards,
JS
Jerry Okamura
boo when they estimated the cost of the program. Why did they make that
mistake? Perhaps because no one can accurately predict what the cost of the
program will be?
"Raymond" wrote in message
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