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Total acquisition costs in 2007 for major defense programs increased 26percentt from first estimates.
Then in the mid-80's he ran on the basis of cutting most of our major defense programs.
But you won't find them cutting corporate farm subsidies or major defense programs.
Major defense programs blow through budgets the way people blow through Girl Scout cookies: Quickly, and with little remorse.
Raytheon is best known for making the Tomahawk cruise missile, but the space and airborne systems unit is involved in virtually every aspect of major defense programs.
A lengthy Harvard Business School study for the Pentagon concluded in April that despite many attempts at reform, "major defense programs still require more than 15 years to deliver less capability than planned, often at two to three times the planned cost".
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Whenever NATO initiates a major defense program, the Soviets typically engage in a "peaceloving" ploy to split the alliance.
Any major defense program essentially comes down to questions of cost and benefit: is it worth X amount to pay for Y capability?
"The missile defense system is one of the most expensive and complex military systems in history, yet it is the only major defense program not subject to standard 'fly before you buy' performance standards," said UCS Senior Scientist Laura Grego, the report's lead author.
The purpose of this program is to stimulate innovative technologies and reduce acquisition or lifecycle costs, address technical risks, improve the timeliness and thoroughness of test and evaluation outcomes, and rapidly insert such products directly in support of primarily major defense acquisition programs, but also other defense acquisition programs that meet critical national security needs.
In addition, Secretary of Defense Robert Gates has proposed canceling major defense acquisition programs that have been plagued with cost and schedule problems.
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